2. Founders:
T.M.A
Pai, Upendra
Pai and Vaman
Kudva in 1925.
Canara
Industrial and
Banking
Syndicate
Limited.
Primary
objective:
extend financial
assistance
Mergers:
Maharastra
Apex Bank Ltd
and Southern
India Apex Bank
Ltd
Name
changed in
1964
Prathama
Bank
3. Global financial crisis
worsened in 2012
Stagnation in euro area and
excessive short-term fiscal
tightening in the U.S
Global GDP growth fell from
4.0% in 2011 to 3.2% in 2012
Indiaโs GDP fell from 6.2% in
FY 2012 to 5.0% in FY 2013
SCBs business grew by
14.19% as at March 22, 2013
as against 15.07 % of previous
year.
Scheduled Commercial Banks'' (SCBs) business grew by 14.19 per cent as at March 22, 2013 as against 15.07 per cent recorded during the similar period of previous year.Scheduled Commercial Banks'' (SCBs) business grew by 14.19 per cent as at March 22, 2013 as against 15.07 per cent recorded during the similar period of previous year.Scheduled Commercial Banks'' (SCBs) business grew by 14.19 per cent as at March 22, 2013 as against 15.07 per cent recorded during the similar period of previous year.Scheduled Commercial Banks'' (SCBs) business grew by 14.19 per cent as at March 22, 2013 as against 15.07 per cent recorded during the similar period of previous year.. Scheduled Commercial Banks'' (SCBs) business grew by 14.19 per cent as at March 22, 2013 as against 15.07 per cent recorded during the similar period of previous year.
global business grew by
18.06% in FY 12-13
