Canara Bank is one of the most noticeable business banks of India. The bank was built up in the year 1906 at Mangalore, Karnataka by a notable character Mr. Ammembal Subba Rao Pai. At first, it was established with the name Canara Bank Hindu Permanent Fund, The reserve developed into a restricted organization as 'Canara Bank Ltd.' in 1910 and became Canara Bank in 1969 after nationalization.
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