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Canara Bank - A Bank Of Gratitude

Posted On: 2020-08-01 22:05:16


Canara Bank, the leading Public Sector Bank, has always been abiding by it's tagline - Together We Can, and as a socially responsible organisation is always at the forefront to extend its support to the customers. One such example is of Dr. Ramanujam Govindan.

He says "Canara Bank will always be a bank of gratitude for me. Back in 1993 when I wanted to study medicine, the fees was 25000/- for 5 years, at that time I finished my education by taking an education loan from Canara Bank in Murugankurichi, Palayankottai. Back then 10/- was required to start an account, and I didn't even have that. The bank manager put in 10/- to open an account for me. I didn't even know his name back then and till date I am not aware of it. I have completed my medical successfully and joined as a Duty Doctor at a hospital and hence I managed to pay back the entire loan with interest, but what I can never repay is that 10/-."

Seeking financial aid in the form of loans is becoming a norm to revive life situations to bring back normalcy. In an endeavor to put gear to customer's life, Canara Bank is offering the lowest rate of interest on gold loans. The Bank has also sanctioned more than Rs.60,000 crores of advances to the Corporates and MSMEs from March, 2020 till date.

Canara Bank is the front runner in disbursement and providing customer experience excellence in such times.The bank has always identified the emerging financial needs of customers and the need to support their livelihood in view of the challenges and uncertainties, and shall even continue to do the same.

Shares of CANARA BANK was last trading in BSE at Rs.101.8 as compared to the previous close of Rs. 99.3. The total number of shares traded during the day was 1243286 in over 4076 trades.

The stock hit an intraday high of Rs. 102.45 and intraday low of 98.4. The net turnover during the day was Rs. 124437734.


Source: Equity Bulls

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