Canara Bank - Company Capsule

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					Canara Bank

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Canara Bank - Company Capsule

Reference Code: FS0195CC
Published Date: April 2011




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Canara Bank - Company Capsule                                                       Page 1
Canara Bank

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Canara Bank - Company Overview

Canara Bank (Canara Bank) is an India-based premier commercial bank. The bank engages in commercial and personal
banking, and financial services. The bank offers a range of products and services, including savings, current, fixed, and
recurring deposits, as well as term deposits and other deposit products, and loans and advances, including personal
loans, loans for traders, agricultural loans, export finance, housing loans, and other loans. The bank also provides non-
resident banking services, rural and social banking services and international banking services. Canara Bank span across
the India over 2,000 automated teller machines (ATMs) covering 728 centers, 1,959 branch providing Internet and Mobile
Banking (IMB) services and 2,091 branches offering anywhere banking services. Canara Bank provides IT-based
services, with 100% computerization of the branches. The bank provides a wide array of services, such as, Networked
ATMs, Anywhere Banking, Telebanking, Remote Access Terminals Internet & Mobile Banking, Debit Card, etc. Canara
Bank is headquartered in Bangalore, India.


Financial Performance

The company reported total interest income of INR 216,100 million during the fiscal year ended 2010. The company's
revenue grew at a CAGR of 14.74% during the period 2008-2010 with an annual growth of 11.21% over fiscal year 2009.
During the fiscal year 2010, its operating margin was 23.42% as against an operating margin of 20.40% in fiscal year
2009. During the fiscal year 2010, the company registered a net margin of 13.97% as against a net margin of 10.66% in
the fiscal year 2009.




Canara Bank - Key Facts

Canara Bank, Key Facts

                                  112 J.C Road, Bangalore, , ,
                                                                    Ticker Symbol, Stock       532483 (Bombay Stock
Corporate Address:                India                             Exchange                   Exchange)



Telephone                          + 91 80 2221581                  No. of Employees           44,090



Fax                                + 91 80 2222704                  Financial Year End         March



URL                               www.canarabank.com                Revenue (in INR Million)   171,286.00



Industry                          Construction , Financial Services Revenue (in USD Million)   3,296.39



Locations                         India, United Kingdom, United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Canara Bank - Company Capsule                                                                                         Page 2
Canara Bank

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Canara Bank - Major Products and Services

Canara Bank engages in commercial and personal banking, and financial services. Key services offered by the bank
include the following:

Canara Bank, Major Products and Services
Services:

Advisory services

Cash management

Consultancy and ancillary services

Corporate banking

Credit card

Forex operations

Insurance

Loans

Merchant banking

Money market operations

Personal and commercial banking

Retail banking

Securities
Source: Annual Report, Company Website, Primary and Secondary Research




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Canara Bank - Company Capsule                                                                                Page 3
Canara Bank

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Canara Bank - Key Competitors

The following companies are the major competitors of Canara Bank:

Bank of Baroda

Punjab National Bank

Indian Bank

Oriental Bank of Commerce

Bank of India

State Bank of India

Union Bank of India




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Canara Bank - Company Capsule                                                       Page 4
Canara Bank

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Canara Bank - Key Employees


Canara Bank, Key Employees


          Name                             Job Title                      Board Level     Since   Age


B. Nagesh Babu             Compliance Officer, Secretary            Senior Management


Devender Dass Rustagi      Director                                 Executive Board       2008


G Padmanabhan              Director - Nominee of RBI                Executive Board       2010


H. S. U. Kamath            Director                                 Executive Board       2009


Jagdish Pai                Director                                 Executive Board       2009


P. V. Maiya                Director                                 Non Executive Board   2007


Pankaj Gopalji Thacker     Director                                 Non Executive Board   2005


S Shabbeer Pasha           Director                                 Non Executive Board   2005


Sunderrajan Raman          Chairman, Managing Director              Executive Board       2010


Sunil Gupta                Director                                 Non Executive Board


Thomas Mathew              Director                                 Executive Board       2010

Source: Annual Report, Company Website, Primary and Secondary Research




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Canara Bank - Company Capsule                                                                       Page 5
Canara Bank

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Canara Bank - Locations and Subsidiaries

Head Office

Canara Bank
112 J.C Road
Bangalore
India
Tel: + 91 80 2221581
Fax: + 91 80 2222704



Other Locations & Subsidiaries

Canara Bank, Subsidiaries

CAN FIN HOMES LIMITED                                               Canara Bank Securities Ltd
India                                                               India




                                                                    Canbank Computer Services
                                                                    Naveen Complex 7th Floor
Canara Robecco Asset Management Company Ltd                         Bangalore
India                                                               Zip: 560 001
                                                                    India
                                                                    Tel: + 91 80 2559 9789




Canbank Factors Ltd                                                 Canbank Financial Services Ltd
India                                                               India




Canbank Venture Capital Fund
14 M G Road
Bangalore
Zip: 560 001
India
Tel: + 91 80 2558 6506
Fax: + 91 80 2558 3909

Source: Annual Report, Company Website, Primary and Secondary Research




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Canara Bank - Company Capsule                                                                        Page 6
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