CANARA BANK

A.PRABHAKAR REDDYBIFAASB1201

Late Sri Ammembal Subbarao Pai

"A good bank is not only the financial heart of the community, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people" - A. Subba Rao Pai.

Founder of the canara bank

Bank founding principles:

.

History of CANARA BankCanara Bank was founded by Shri Ammembal Subba Rao Pai, a

great visionary and philanthropist. In 1906 he has started a small bank a name called CANARA bank in

Mangalore, then a small port town in Karnataka. One of the biggest commercial bank in India

It was nationalized in 1969. In June 2006, the Bank completed a century of operation in the

Indian banking industry.Today, Canara Bank occupies a premier position in the committe of

Indian banks.3595 branches & 2858 ATMs as on 31st march 2011223 branches for customers to use net banking, SMS/e-mail alerts

for all transactions.As at March 2012, the total business of the Bank stood at 5,59,544

crore.

The Company Secretary,Secretarial Department,Chairman & Managing Director's Secretariat,Head Office,112, J.C.Road,Bangalore - 560 002.

Phone : 080- 2210 0250 Fax 080- 22248831 E.Mail:hosecretarial@canarabank.com

Address - Registered Office

Directors Of CANARA Bank

1.Shri. S RAMAN……………………………….. Chairman & Managing Director

2.Smt. ARCHANA S. BHARGAVA………… Executive Director

3.Shri. ASHOK KUMAR GUPTA…………… Executive director

4.Dr. THOMAS MATHEW…………………… Director representing Government of India

5.Smt. Meena Hemchandra………………. Director representing Reserve Bank of India6.Shri. G.V. SAMBASIVA Rao………………. Workmen Employee Director

7.Shri. G.V. MANIMARAN……………………officer employee director

8.Shri. KHALID LUQMAN BILGRAMI…… Part -time Non-Official Director 9.Shri. SUTANU SINHA………………………..

10.Shri. P. V. MAIYA…………………………… Director Representing Shareholders

11.Shri. SUNIL GUPTA……………………….. Shareholder Director

Part-time Non –Official Director

Vision & MissionVision:

To emerge as a ‘Best Practices Bank’ by pursuing global benchmarks in profitability, operational efficiency, asset quality, risk management and expanding the global reach.

Mission:

To provide quality banking services with enhanced customer orientation, higher value creation for stakeholders and to continue as a responsive corporate social citizen by effectively blending commercial pursuits with social banking.

Foreign BranchesCanara Bank established its International Division in 1976, to

supervise the functioning of its various foreign departments.

List of branches: United kingdom London Branch Leicester Branch China, Shanghai branch Hon Kong Kingdom of Bahrain United Arab Emirates, Sharjah Representative Office RUSSIA(Joint venture with state bank of india)

Base rate of the bank -10.50%Bench mark prime lending rate of the bank -14.75%Present base rate for four wheelers -10.50%Canara Bank posted a net profit of Rs.4,025.89 crore in

2010-11 against Rs.3,021.43 crore in the previous year, an increase of 33.24 per cent.

Total income increased by 19.2 per cent to Rs.25,767 crore from Rs.21,610 crore.

Interest Rates

Stock Exchange

canara Bank Shares are listed at Mumbai and National Stock exchanges.

Canara Bank aims at 28% growth in CASA(Current account and saving account) in total deposits

Canara Bank’s total deposits stood at Rs 3,34,619 crore at first quarter ended June 30, 2012.

Face value per share : 10.0Div.Yield (%): 2.0Canara is India’s fifth largest bank in terms of asset size. compound annual growth rate (CAGR) of 20% and 18%,

respectively, over the past three yearsDeposits and advances grew 25.5% and 22.5%.

Home loan lowest of 10.50% Low EMI of 953 per lakh [equated monthly installment]Maximum re payment period increased from 25 years to 30 yearsCanara Bank posted a net profit of Rs.4,025.89 crore in 2010-11

against Rs.3,021.43 crore in the previous year, an increase of 33.24 per cent.

Total income increased by 19.2 per cent to Rs.25,767 crore from Rs.21,610 crore.

BASIC INFORMATIONHOME LOANS

BALANCE SHEET 2009-10

particulars shedule As at 31-3-2012 As at 31-3-2011CAPITAL 1 443,00,00 443,00,00

RESERVES AND SURPLUS 2 22600,39,72 19959,16,07MINORITY INTREST 2A 161,482,25 149,16,24

DEPOSITS 3 326894,04,23 293257,90,76BORROWINGS 4 15614,42,29 14295,00,29

OTHER LIABILITIES AND PROVISIONS 5 13369,96,35 11061,50,76

TOTAL 379083,30,84 339165,74,12

ASSETSCASH&BALANCE WITH RBI 6 17813,01,73 22032,11,20

BANK BALANCE 7 10433,72,01 8739,54,29INVESTMENTS 8 106496,61,73 86499,40,60

ADVANCES 9 232728,74,12 21448,50,51FIXED ASSETS 10 2887,97,04 2884,51,35

OTHER ASSETS 11 8723,24,21 7561,66,17

TOTAL 379083,30,84 339165,74,12

CONTINGENT LIABILITIES 12 190056,81,26 129654,29,30BIILS FOR COLLECTION 12496,51,17 11193,17,68

SIGNIFICANT ACCOUTING POLICIES 18

NOTES ON ACCOUNTS 19

BALANCE SHEET 2011-12