Friday, September 20, 2024

Canara Bank regional office inaugurated

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Canara Bank CEO  K Satyanaryana Raju inaugurated the Regional Office, MSME Sulabh, Retail Assets Hub and JP Road Branch in Chinamiram, Bhimavaram Saturday.
Talking to the media on the occasion, the CEO highlighted the Bank’s growth post-amalgamation, with business increasing from Rs 16 lakh crore to the current Rs 23 lakh crore.
He noted the maximization of profits and the Bank’s market capitalization crossing Rs 1 lakh crore. The Bank declared a dividend of Rs. 3.22 per share following a stock split that reduced the face value from Rs. 10 to Rs. 2. The Bank also achieved double-digit deposit growth in the last financial year. The MD & CEO Satyanrayana Raju had an interaction with the customers and informed them about various products and developments in the bank which are beneficial for all the customers.

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