Canara Bank to invest Rs 1,000 crore to build digital banking backbone

The bank will unveil its super app next month

Canara Bank
A rickshaw puller passes the Canara Bank branch in the old quarters of Delhi. Photo: Reuters
BS Reporter
1 min read Last Updated : May 12 2022 | 12:50 AM IST
Public sector lender Canara Bank plans to invest about Rs 1,000 crore over the next three years for building a digital banking ecosystem including a super app. 

The bank will unveil its super app next month. 

This would involve revamping the mobile banking platform with 262 features replicating branch banking, K Satyanarayana Raju, executive director, Canara Bank told Business Standard.

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Topics :Canara BankDigital banking

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