Canara Bank, a leading nationalized bank, has reportedly opened its 508th ATM at Akash International School/Hospital complex, Devanahalli, Bangalore. The ATM was inaugurated by the General Manager of the bank.
Canara Bank is India’s fifth largest Public Sector bank (PSB) in terms of assets. As on September 30, 2013, it had assets of around Rs 4,50,200 crore and advances of around Rs 281100 crore. The bank’s strong market position is underpinned by its market share of around 5.0 percent in deposits and 4.8 percent in advances as on September 30, 2013.
