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Awards And Achievements

Awards/Accolades Received during 2018-19

  • • Central Vigilance Commission has awarded Canara Bank with ‘Vigilance Excellence Award-Outstanding’ under Category ‘Timely Completion of Disciplinary Proceedings’ for the year 2018.
    • Bank received first runner up award on theme Credit off-take in EASE Banking Reform Awards 2019.
    • Bank has bagged four awards from the Associated Chambers of Commerce and Industry of India (ASSOCHAM) under Agriculture, Priority sector lending, Social Banking and Technology.
    • Bank has bagged eight Awards from Public Relations Council Of India (PRCI) including 3 Gold under Television Commercials, Advertising Corporate Campaign RADIO and Advertising Corporate Campaign Television
    • NPCI Special Award in recognition of excellent performance in NFS ATM Network, Rupay, CTS & UPI / IMPS.
    • Bank’s House magazine ‘Shreyas’ bagged Making of Developed India Award sponsored by ET Now for best in house magazine for the year 2018.
    • Secured Chamber of Indian Micro Small & Medium Enterprises (CIMSME) awards for best bank for promotional schemes (Large category).
    • Received runner up CIMSME award for best MSME bank (Large category) and financially inclusive bank (Large category).
    • Secured PFRDA’s best performing PSB award in APY performance and the splendid seven awards for the APY campaign.

 

Awards/Accolades Received during 2017-18

  • Received Master card Innovation Award for Canara International Prepaid card under prepaid segment.
  • “Rupay Special” award for being the highest Rupay card issuing bank by NPCI.
  • VISA Award on crossing a key milestone on issuance of 1.35 crore VISA debit card.
  • Bagged FINNOVITI award for Innovation for CANDI Branch.
  • ASSOCHAM Social Banking Excellence Awards 2017 for Governmnet Sponsored Schemes and Runner-up for Agriculture Banking in the Large Bank Class.
  • Golden Peacock Award 2017 for Corporate Social Responsibility from Institute of Directors, New Delhi.
  • Skoch Technologies Growth 2017 for “CANDI”, digital branch.
  • Excellent Customer Service Award’ at the 5th SME Excellence 2017 by ASSOCHAM,.
  • Best CIO of the Year ” by Computer Society of India for “CANDI” an ambitious digital banking project of the Bank in the “IT Innovation & Excellence Awards2017”
  • Skoch Smart Security awards 2017 for “SIEM” tool.
  • Dun and BradStreet Award for 2016-17 adjudging as Best Public Sector Bank –Priority Sector Lending Bank. Consecutively third time (2014-15, 2015-16 and 2016-17) Bank has been receiving this Award.
  • Certificate of Excellence for exemplary leadership in promoting RSETIs and Certificate of Excellence for RUDSETI for FY15 & FY16.

 

SIGNIFICANT MILESTONES

 

 1st July 1906

 Canara Hindu Permanent Fund Ltd. formally registered with a capital of 2000 shares of 50/- each, with 4 employees.

 1910

 Canara Hindu Permanent Fund renamed as Canara Bank Limited

 1969

 14 major banks in the country, including Canara Bank, nationalized on July 19

 1976

 1000th branch inaugurated

 1983

 Overseas branch at London inaugurated, Cancard (the Bank’s credit card) launched

 1985

 Takeover of Lakshmi Commercial Bank Limited and Commissioning of Indo Hong Kong International Finance Limited (now a full fledged branch)

 1987

 Canbank Mutual Fund & Canfin Homes launched

 1989

 Canbank Venture Capital Fund started

 1989-90

 Canbank Factors Limited, the factoring subsidiary launched

 1992-93

Became the first Bank to articulate and adopt the directive principles of “Good Banking”

1995-96

 Became the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore

2001-02

 Opened a 'Mahila Banking Branch', first of its kind at Bangalore, for catering exclusively to the financial requirements of women clientele.

2002-03

  Maiden IPO of the Bank

2003-04

 Launched Internet Banking Services

2004-05

 100% Branch computerization

2005-06

 Entered 100th Year in Banking Service. Launched Core Banking Solution in select branches. Number One Position in Aggregate Business among Nationalized Banks

2006-07

 Retained Number One Position in Aggregate Business among Nationalized Banks. Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC (Asia Pacific) Holding and Robeco Groep N.V respectively.

2007-08

 Launching of New Brand Identity. Incorporation of Insurance and Asset Management JVs. Launching of 'Online Trading' portal. Launching of a ‘Call Centre’. Switchover to Basel II New Capital Adequacy Framework

2008-09

 The Bank crossed the coveted 3 lakh crore in aggregate business. The Bank’s 3rd foreign branch at Shanghai commissioned.

2009-10

 The Bank’s aggregate business crossed 4 lakh crore mark. Net profit of the Bank crossed 3000 crore. The Bank’s branch network crossed the 3000 mark.

2010-11

 The Bank’s aggregate business crossed 5 lakh crore mark. Net profit of the Bank crossed 4000 crore. 100% coverage under Core Banking Solution. The Bank’s 4th foreign branch at Leicester and a Representative office at Sharjah, UAE, opened. The Bank raised 1993 crore under QIP. Govt. holding reduced to 67.72% post QIP

2011-12

 Total number of branches reached 3600. The Bank’s 5th foreign branch at Manama, Bahrain opened.

2012-13

 Highest Dividend of 130% paid for the year

2013-14

 1027 branches and 2786 ATMs opened during the year. Global business crossed the 7 lakh crore milestone. Switchover to Basel III New Capital Adequacy Framework. Branch Network and Atms increased to 4755 branches and 6312 ATMs

2014-15

  Global Business of the Bank crossed 8 lakh crore. 

2015-16

 The Bank’s 8th foreign branch at DIFC (Dubai) opened

2016-17

2016-17 Branch network crossed 6000 milestones.
Total number branches rose to 6083.
Canara Bank (Tanzania) Ltd., a foreign subsidiary, opened.

2017-18

 Global Business of the Bank crossed 9 lakh crore.

2018-19

Global Business of the Bank crossed 10 lakh crore, Bank issued 2 core new equity shares to employees under Canara Bank Employee Share Purchase scheme (CanBank-ESPS).