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Canara Bank Swot Analysis

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bank of India serves over 80 million customers. In addition to the banking services, they offer banking products, bullion business, life and non-life insurance business, and gold coins, asset management business. They are recognized as a bank offering highest levels of customer satisfaction in Delhi and Chennai.

1.8.4 History and Profile of Bank of India (BOI):- BOI is the fourth largest government owned banking and financial services company in India which was established on 7 September 1906 with a paid up capital of Rs. 50 lakh by group of eminent business men of Mumbai. Its head quarter is in Mumbai, Maharashtra. In December 2013, it has a network of 4828 branches in India and 56 offices in abroad, and over 8000 ATMs. The Bank provides …show more content…

50 lakh by late shri. Ammembal Subba Rao Pai. Its head quarter is in Bangalore, Karnataka. As of November 2015, the bank had a network of 5784 branches and more than 9153 ATMS spread across India, total assets of 4.72 trillion and 53,506 employees. The Bank has undergone various phases in its growth path over hundred years of its existence. Canara Bank has attained significant growth, specifically after nationalization in the year 1969; it achieves the level of a national player in case of its geographical extent and business segments. Eighties was characterized by business diversification for the …show more content…

Its head quarter is in Mumbai, Maharashtra. As of March 2016, the bank had a network of 4196 branches and more than 6909 ATMS spread across India. It is listed on the Forbes 2000 apart from this a bank is providing various other services like business segments include Treasury Operations, Wholesale Banking and Retail Banking Operations,. This Bank has offer several types of deposits for the customers such as savings deposits, current deposits, current and savings accounts (CASA) deposits, and recurring deposits. On the other hand banks advances and loan portfolio includes large corporate advances; small scale and medium enterprises advances; agriculture advances, Industries development and retail advances. Their retail advances include home loan, vehicle loan, education and other retail

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