05-12-2022 : At the Global Banking Summit in London, Canara Bank was named the “Banker’s Bank of the Year Award 2022” winner for the India market. The organisers presented the prize to Bank Managing Director and Chief Executive Officer LV Prabhakar. Canara Bank has been named the Best Bank in India for 2022 in these esteemed honours for the banking sector. It extended gratitude to its clients, shareholders, employees, and other stakeholders.
The Bankers’ Bank of the year awards are considered to be like Oscar awards for the banking sector and the winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months.
The Banker’s magazine is a premier global banking and finance resource for more than 180 countries across the world. The publication is from the house of Financial Times (FT) group, which is the British-based global financial daily newspaper founded in 1888.
Canara Bank is an Indian public sector bank under the control and ownership of Ministry of Finance, Government of India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Dubai and New York.