Foreign institutional investors (FIIs) have increased their holdings in Canara Bank by nearly 39 basis points to 11.21% at the end of the third quarter from 10.82% in the second quarter ended September 30, 2014. Furthermore, domestic institutional investors (DIIs) have also increased their stake in the company to 13.17% from 12.71% as on September 30, 2014.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, Karnataka. As of July 2014, the bank had a network of 5150 branches and more than 7000 ATMs spread across India. The bank also has offices abroad in London, Hong Kong, Moscow, Shanghai, Doha, Dubai, and New York.
