Canara Bank has received a notice from Canara Bank Staff Federation expressing their support to the strike call given by UFBU. The United Forum of Bank Unions (UFBU) have given a call for All India Industry Strike on 20th and 21st January, 2014.
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.
