Canara Bank as part of its Corporate Social Responsibility launched ‘UDAAN’ in the State of Jammu & Kashmir. The bank has launched it in co-ordination with NSDC & Government of Jammu & Kashmir. The aim of the project is the development of Skill and Employability of the youth in Jammu & Kashmir.
Unemployed residents of Jammu & Kashmir who have done Graduation or above are being covered under this scheme. There were 300 candidates who have been short-listed for Skill Development Training in co-ordination with NSDC & Government of Jammu & Kashmir.
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 450,200 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.
