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

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.