According to Mr. S. Raman, Chairman and Managing Direcotr, Canara Bank plans to invest significantly in technology with a view to wooing younger customers.
The bank will also invest in recruiting specialists such as IT professionals and Chartered Accountants. There are also plans to appoint officers to exclusively work in rural branches.
Branch expansion
The bank is also embarking on branch expansion plans, including a better ATM network. The bank, which has 3,066 branches now, plans to add another 200 by the end of this year.
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