A bunch of facilities has been launched by the Canara bank on Wednesday, together with its second e-lounge. R.K. Dubey, the chairman and managing director of the Canara bank who inaugurated these facilities also inaugurated the bank’s NRI branch close to the Clock Tower. Earlier the NRI branch was operated from Nazarabad.
It was said by Mr. Dubai that over 70 billion dollars have been received by India through the NRI remittance, and it was essential that banks set systems in place to guarantee a hassle-free remittance. He also added that the Canara bank had made fast advances terms of equipment being situated in the Bangalore’s IT center and the same had infiltrated to Mysore.