Reliance Communications, Canara Bank

Reliance Communications, Canara Bank

Canara Bank

 Canara Bank 

Canara Bank Ltd

Canara Bank

Canara Bank

Canara Bank

Canara Bank

Canara Bank

ICICI Bank, GPPL, Wipro, Hindustan Unilever, Maruti Suzuki, BPCL, Canara Bank, Castrol, Indian Bank, OBC, Havells India

ICICI Bank, GPPL, Wipro, Hindustan Unilever, Maruti Suzuki, BPCL, Canara Bank, Castrol, Indian Bank, OBC, Havells India

ICICI Bank,BOB ,Canara Bank,BPCL, Dabur India

ICICI Bank,BOB ,Canara Bank,BPCL, Dabur India

Canara Bank

Canara Bank

Annual Report - Canara Bank - 2010-2011

CANARA BANK

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

DIRECTORS' REPORT: 2010-11:

The Board of Directors have pleasure in presenting the 42nd Annual Report
together with the Balance Sheet as on 31st March, 2011 and Profit and Loss
Account for the financial year ended March 31, 2011.

MANAGEMENT DISCUSSION AND ANALYSIS:

I. ECONOMIC ENVIRONMENT:

Global economic activity has recovered slowly but steadily in 2010-11 after
the sharp deceleration of growth in 2008 and the contraction in 2009. The
global economy is now in dual speed recovery process with advanced
economies growing slowly/stagnating and the developing economies, on the
other hand, experiencing stronger growth.

The Indian economy is one of the fastest growing economies in the global
growth process, with the GDP growth back to its pre-crisis growth
trajectory, aided by expansion in agriculture, industry and the service
sectors and positive momentum in savings and investment rates. As per the
revised estimates released by the Central Statistical Organization (CSO),
the Indian economy grew by 8.5% in 2010-11 vis-a-vis a 8% growth in the
previous fiscal.

The growth has been broad-based with agriculture sector growing by a
significant 6.6% (0.4%) for FY11 and the industrial and the service sectors
grew by 7.9% (8.0%) and 9.4% (10.1%) respectively. Savings and investment
rates for 2010-11 is likely to be at 34% and 37% respectively.

Inflation was a primary concern among the policy makers during 2010-11.
Inflation, which remained at elevated levels for a large part of FY11, was
largely driven by food and fuel items and later on transmitted to
manufacturing products to become a general phenomenon. The monthly
wholesale price inflation stood at 8.98% in March 2011 compared to 10.23%
in the corresponding month a year ago.

Growth in the industrial sector was buoyant during the first half of FY11.
The manufacturing sector grew at a robust rate of 12.7% and 10% in the
first two quarters of 2010-11 respectively. Thereafter, industrial output
growth started moderating. Index of industrial production (IIP) registered
a 7.8% growth for the financial year 2010-11 as against a growth of 10.5% a
year ago.

Canara Bank

Canara Bank

GVK Power, Crompton Greaves, Dabur, Canara Bank, Colgate, IDFC

GVK Power, Crompton Greaves, Dabur, Canara Bank, Colgate, IDFC

Canara Bank

Canara Bank

Hindustan Zinc, HCL Technologies, Canara Bank, YES Bank, Indiabulls Real Estate, Ashok Leyland, Mahindra Lifespace Developers, Container Corporation

Hindustan Zinc, HCL Technologies, Canara Bank, YES Bank, Indiabulls Real Estate, Ashok Leyland, Mahindra Lifespace Developers, Container Corporation, GSPL, Results Calendar

Canara Bank

Canara Bank

Union Bank of India, Canara Bank

Union Bank of India, Canara Bank

Canara Bank

Canara Bank

Canara Bank, DB Corp, Larsen and Tourbo, India Valuations

Canara Bank, DB Corp, Larsen and Tourbo, India Valuations

Canara Bank

Canara Bank

Canara Bank

Canara Bank

Canara Bank

Canara Bank