Canara Bank, India's leading public sector bank having a total business of Rs 7,74,718 crore and network of 5648 branches and 7941 ATMs, is going to adopt another village, most probably in the mountainous parts of Uttarakhand. The Canara bank had adopted a village named Kabbanpur latifpur near Bhagwanpur Canara bank branch, Haridwar for comprehensive development.
The Bank is having a network of 77 branches in Uttarakhand, said Canara Bank's executive director Pradyuman Singh Rawat while interacting with media persons in Dehradun on Friday. Earlier in the day, the executive director met the Chief Minister Harish Rawat and informed about the initiative taken by the Bank for the people of the State.
“During the first nine months of this financial year, we have recorded a robust growth in retail segments - priority credit with 35 per cent, agriculture with 24 per cent, MSME with 26 per cent, MSE with 27 per cent, retail lending with 28 per cent, direct housing loans with 33 per cent, vehicle loans with 33 per cent and other personal loans with 43 per cent," he added.
He said, "To provide focused attention for all round development of both Garhwal and Kumaon regions, Canara Bank has opened camp office at Rudrapur apart from circle office in Dehradun. The Bank has opened 8 financial inclusion branches during the current financial year in villages with less than 2000 population."
Canara Bank's deputy general manager Jagjit Singh informed about certain schemes that the bank is offering. Canara Bank is the one which is offering housing and vehicle loan at the lowest rate and deposits at the very high rate with no processing charge at present. On this occasion NS Nagarju, AGM Prakash Pradhan, other officials of the Bank were also present.