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Money & Banking - Awards & Honours
States - Kerala
Canara Bank gets ‘best bank’ award

Our Bureau

Thiruvananthapuram, May 22 Canara Bank has received the ‘best bank’ award from Kerala’s Kudumbasree Mission for 2007-08.

The award is in recognition of the bank’s performance in areas of poverty eradication and housing development for the poorer sections of the society in the State, according to a release from the bank.

The bank has been ranked first for the ‘Bhavanasree’ micro-housing scheme of Kudumbasree and the Poverty Eradication Mission of the State Government. The bank disbursed loans worth Rs 508 lakh under the category to the members of the Kudumbasree’s community-based organisations.

Canara Bank has also been adjudged the third best bank in the State for supporting the ‘linkage banking’ scheme of Kudumbasree. Under this category, the bank disbursed loans amounting to Rs 824.26 lakh to members of the Kudumbasree Mission.

More Stories on : Awards & Honours | Public Sector Banks | Kerala

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