Canara Bank Overview
Pro stress-test →Canara Bank provides various banking products and services in India and internationally. The bank was merged with erstwhile Syndicate Bank on April 1, 2020. As a major public sector bank, it serves as a critical financial institution in India's banking ecosystem.
Strategic Profile
Pro stress-test →The bank has a market share of 6.2% and 6.5% in net advances and total deposits, respectively. Key financial metrics include CARA at 16.28%, Net Interest Margin at 3.05%, and Gross NPA at 4.23%. The bank demonstrates solid operational efficiency with competitive positioning among public sector banks.
Competitive Landscape
Pro stress-test →Canara Bank is a public sector bank. It competes with other major PSU banks including State Bank of India, Indian Bank, and Bank of Baroda, as well as private sector banks. Its competitive advantage lies in its extensive branch network, government backing, and strong deposit base.
Industry Context
Canara Bank operates in Banking & Financial Services.
Key facts
Founded: 1906 · Headquarters: Bangalore, India · Employees: N/A · Revenue: ₹61.2 Billion · Market cap: ₹1.32 Trillion