Canara Bank opens 109 branches

Canara Bank has launched 109 new branches and an equal number of ATMs on the occasion of Founders’ Day on Wednesday. The Bank was founded 109 years ago at Mangalore. At an event organised in Bangalore to celebrate Founders’ Day, Canara Bank Executive Director, VS Krishna Kumar, said the bank was expanding its reach and investing in technology, people and process for faster delivery of products and services to meet expectations of the customers. In the current financial year, the bank opened 875 branches, taking the total number to 5,632, including seven in overseas locations. The bank opened 1,188 ATMs during the year taking the total to 7,500.