Canara Bank celebrated its 116th Founder’s day on 19.11.2021 maintaining the COVID guidelines at Canara Bank’s Head Office, J C Road, Bengaluru, in fond memory of its Founder Late Shri Ammembal Subba Rao Pai, a great visionary, philanthropist and an educationist.
Sri Ammembal Siddharth Pai, the great-grandson of Late Sri Ammembal Subba Rao Pai, Sri L V Prabhakar, Managing Director and CEO and, Executive Directors along with other senior executives of the Bank, graced the occasion. The event was attended by customers and well-wishers including staff of Canara Bank across pan India through Video Conferencing.
Sri L V Prabhakar, Managing Director and CEO, while addressing the gathering, remembered the founding principles of Bank Founder Late Shri. Ammembal Subba Rao Pai. Bank’s founder wanted an organized bank to help the poor with best products at reasonable pricing. His dreams are definitely being fulfilled.
National singing competition for staff was organized on Pan India level and the finals were held at Head Office, Bangalore.
During the event, Founder’s Day celebrations at our Founder’s branch, Mangaluru was showcased through Video Conferencing.
On this momentous occasion, Canara Bank’s CSR activities from Head Office and each of its 24 circles were highlighted.
About Canara Bank:
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. Canara Bank is the fourth-largest public sector bank in the country after its amalgamation with Syndicate Bank in April 2020. At present, it is functioning with 10,491 Branches, 3075 Rural, 3175 Semi- Urban, 2103 Urban & 2138 Metro along with 12973 ATMs throughout. The Bank has gone through various phases of its growth trajectory over the hundred years of its existence. The growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks.
This news was shared to Prittle Prattle News via press release.
