Banker’s Bank of the Year Award 2022: In the India category, Canara Bank received the “Banker’s Bank of the Year Award 2022” at the London-based Global Banking Summit. Bank Managing Director and Chief Executive Officer LV Prabhakar received the award from the organisers. Canara Bank has been named the Best Bank in India for 2022 in these prestigious awards for the banking industry. It expressed gratitude to its customers, investors, staff and other stakeholders.
About the Bankers’ Bank of the year awards:
The Bankers’ Bank of the year awards are considered to be like Oscar awards for the banking sector and the winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months.
For more than 180 countries around the world, The Banker’s magazine is a premier source for information on banking and finance. The publication is from the house of Financial Times (FT) group, which is the British-based global financial daily newspaper founded in 1888.
About the Canara bank:
Canara Bank is a public sector bank in India that is controlled and owned by the Indian government’s Ministry of Finance. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Dubai and New York.