The Union Government has appointed K Satyanarayana Raju as its Managing Director and CEO of Canara Bank, with immediate effect. He will be replacing L V Prabhakar who demitted office on December 31, 2022. He joined the erstwhile Vijaya Bank in 1988, and rose to the level of chief general manager in Bank of Baroda. His experience has led to digital transformation of banking products and services.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Raju, who is a Physics Graduate, Post Graduate in Business Administration (Banking and Finance) and CAIIB (Certified Associate of Indian Institute of Bankers), had earlier served Canara Bank as Executive Director since March 10, 2021. He has a very rich and vast experience in all segments of banking including Branch Banking, Corporate Credit, Retail Credit, Agri Financing, Credit Monitoring, Credit Recovery, Compliance etc. Also his rich experience and exposure led to digital transformation of banking products and services.
Canara Bank is an Indian public sector bank under the control and ownership of Ministry of Finance, Government of India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai, the bank also has offices in London, Dubai and New York.
Important takeaways for all competitive exams:
You may also read:
Uttar Pradesh is a large and important state in northern India. It has many districts,…
Birsa Munda Punyatithi is observed every year on June 9 to remember and honour Birsa…
Renowned scholar, author, and literary commentator Daji Panshikar, also known as Narahari Vishnu Shastri, passed…
The Chenab Rail Bridge is a world-famous railway bridge built in Jammu and Kashmir, India.…
The Chenab Rail Bridge in Jammu and Kashmir is the world's highest railway arch bridge.…
In a momentous achievement for rural digital transformation, Rohini Gram Panchayat in Shirpur taluka, Dhule…
![](data:image/svg+xml;charset=utf-8,<svg height="169px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="448px" width="448px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
