Canara Bank wins 'Banker's Bank of the Year Award 2022' for India

Canara Bank on Friday announced in a statement that it has won the "Banker's Bank of the Year Award 2022" for the Indian segment of the Global Banking Summit. 

The event took place in London from November 29 to December 1, 2022 and L V Prabhakar, the bank's MD and CEO, accepted the award from the organiers, the bank said. 

According to the statement, the Bankers’ Bank of the Year Award is considered to be like Oscar award for the banking sector and the winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months.

"Canara Bank expresses sincere gratitude to all its customers, investors, staff and all other stakeholders," the public sector lender said in the statement.