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There are 22 regional offices of Banking Ombudsmen in India. The latest offices are opened in Jammu, Raipur, Mumbai-II & New Delhi-III. [citation needed] The type and scope of the complaints which may be considered by a Banking Ombudsman is very comprehensive, and it has been empowered to receive and consider complaints pertaining to the following;
The second bank that Canara Bank acquired was Seasia Midland Bank , which had been established on 26 July 1930 and had seven branches at the time of its takeover. [5] In 1958, the Reserve Bank of India had ordered Canara Bank to acquire G. Raghumathmul Bank, in Hyderabad. This bank had been established in 1870, and had converted to a limited ...
At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the government of India. It was headquartered in the university town of Manipal, India. On 1 April 2020, the bank was merged into Canara Bank.
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The bank's head office is located in Mangalore. It has a network of 113 branches, including service branches, spread across the undivided district of South Canara. The bank offers a wide range of banking products and services to its customers, including savings accounts, current accounts, fixed deposits, loans, and insurance produmagazine. [3]
It is sponsored by Canara Bank. Like other RRBs, Government of India holds the majority 50 percent shares, while the state government and Canara Bank holds 35 percent and 15 percent, respectively. As of 2013, KGB had 504 branches and a total net worth of ₹471.58 crore and deposits of ₹7,266 crore and advances of ₹7,761 crore, with a total ...
Canara HSBC Life Insurance is an Indian life insurance company, headquartered in Gurugram. [5] Established in 2008, Canara HSBC Life Insurance [6] was a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). On 15 June 2022, the company renamed itself as Canara HSBC Life ...
He served as the chairman of Canara Bank for five years up to August 2020 and as the administrator of Lakshmi Vilas Bank during 2020 till its merger with DBS Bank. He is currently a member of the Reserve Bank of India Standing External Advisory Committee (SEAC) for evaluating applications for Universal Banks and Small Finance Banks.