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Canara Bank celebrates 120th Foundation Day

The Northlines

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02 July 2025

Canara Bank, one of India’s largest public sector banks, is celebrating its 120th Foundation Day today, with a renewed focus on customer centric innovation and inclusive banking. Established in 1906, the Bank has grown as one of the pioneers of India’s banking sector with a strong legacy and trust.

- NL CORRESPONDENT

In a landmark move, Canara Bank had recently announced the removal of the minimum balance requirement across all savings accounts. This significant step ensures that every customer, regardless of their financial background, can access and maintain a savings account without the burden of maintaining a minimum balance. Demonstrating its significant financial prowess, Canara Bank's global business stands at over 25 lakh crore.

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