What we do Canara Bank is a leading state-owned commercial bank offering banking, financial services, and insurance across domestic and international markets. |
Founded in 1,906 |
Market share Among top public sector banks in India with over 9,800 branches and substantial market share in deposits and advances. |
Problem solved Providing accessible banking services, priority sector financing, retail and corporate credit solutions to diverse customer segments. |
Top clients or who we serve Serves retail, agriculture, MSMEs, corporate clients; supports government schemes and financial inclusion programs (B2B, B2C, B2G). |
Key management - |
Our journey and innovations Founded in 1906, nationalized in 1969; pioneered good banking practices, digital banking, and expanded overseas presence. |
Where we operate Operates extensively in India with 9,849 branches and 4 international branches in London, New York, Dubai, and Gujarat. |
Top products or what we offer Retail loans, agriculture credit, MSME financing, treasury operations, insurance, mutual funds, digital banking. |
Top brands Canara HSBC Life Insurance, Canara Robeco Asset Management, Can Fin Homes, Canbank Factors, Canbank Securities. |
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Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix includes recurring interest income and periodic treasury and fee-based income. |
Our industry position Strong position among public sector banks; key player in priority sector lending and retail banking. |
Financial highlights FY 2024-25 net profit Rs.17,027 Crore, global business Rs.25.3 lakh crore, revenue approx Rs.145,931 Crore (Domestic Segment). |
Geographical revenue split Majority revenue from domestic operations; international segment contributes about 4.4% revenue. |
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Whats driving growth Growth driven by retail lending, MSME credit, digital banking innovation, government schemes, and expanded branch network. |
Our future plans Further digital expansion, branch network growth, enhanced risk management, and sustainable finance initiatives. |
Our green promise Focus on green banking with solar power installations, green building certifications, and ESG compliance. |
Our people and values Employs over 81,000 staff with focus on diversity, inclusion, skill development, and employee welfare. |
Key challenges ahead Addressing asset quality, managing credit risk, navigating economic uncertainties and competitive banking sector. |
Interesting facts Canara Bank was the first Indian bank to achieve ISO 9002 certification; pioneer in women-focused banking initiatives. |
Risks and strategy Manages credit, market, operational risks with robust policies, technology, and regulatory compliance. |
