CONTROL SYSTEMS

OF
CANARA BANK
Guided by : Mr. Kiran Kothari

SUBMITTED BY : MANAS CHATURVEDI EX-03

 INTRODUCTION

 Founded By: Late Sri Ammembal Subbarao Pai

 'Canara Bank Hindu Permanent Fund' in 1906

CURRENT CONDITION

 The Bank’s aggregate business crossed Rs.4 lakh crore mark.

 Net profit of the Bank crossed Rs.3000 crore.

 The Bank’s branch network crossed the 3000 mark.

 BOARD OF DIRECTORS
MR S RAMAN
CMD BANGALORE

MR JAGDISH PAI K L EXECUTIVE DIRECTOR BANGALORE

SHRI. H. S. U. KAMATH  EXECUTIVE DIRECTOR BANGALORE

DR. THOMAS MATHEW DIRECTOR REPRESENTING GOVERNMENT OF

NEW DELHI
INDIA

SHRI G PADMANABHAN  DIRECTOR REPRESENTING RESERVE BANK OF

MUMBAI
INDIA

SHRI. DEVENDER DASS

RUSTAGI WORKMEN EMPLOYEE DIRECTOR NEW DELHI

SHRI. G.V. MANIMARAN OFFICER EMPLOYEE DIRECTOR CHENNAI 

SRI. P. V. MAIYA DIRECTOR REPRESENTING SHAREHOLDERS BANGALORE

SRI. SUNIL GUPTA SHAREHOLDER DIRECTOR HARYANA

 Branch Network*
Category No. of Branches
31.03.2009 31.03.2010

Metropolitan 629 727

Urban 674 744

Semi-urban 691 793

Rural 735 779

Total Branches 2729 3043

*Composition of domestic branch network

http://www.equitymaster.com/research-it/ipo/canbank.html
 control systems
OF
CANARA BANK

Decision making process

Cash management
 Audit Committee Board
 Governed by the directives of Reserve Bank of
India .
1. ACB provides a direction to oversees the operations of total Audit
function of the Bank

2. To oversee the bank's financial reporting process and ensuring

correct, adequate and credible disclosure of financial information.

3. Reviewing with the management, the financial statements with

accounting standards and other legal requirements,
4. Quality and effectiveness of external and internal audit,

5. Internal control system,

6. Interaction with external auditors before finalization of Annual

accounts and reports,

7. Review Bank's finance and risk management policies.

8. Examines, scrutinizes, reviews and takes appropriate action on

the basis of comments given in Statutory/External Audit reports,
 Roles & Responsibility

 Shareholders'/ Investors' Grievances Committee

 Remuneration Committee
 Management Committee of the Board
 Risk Management Committee
 Asset Liability Management Committee
 General Body Meetings
Decision making process
MANAGEMENT COMMITTEE
1. Sri B Swaminathan Chairman
2. Sri G C Chaturvedi      Member
3. Sri V Ramachandra Rao      Member
4. Sri Anup Prakash Garg      Member
5. Sri A N Balasubramanian      Member
6. Sri S C Gupta      Member
AUDIT COMMITTEE

1. Sri Anup Prakash Garg      Chairman

2. Sri B Swaminathan      Member
3. Sri G C Chaturvedi      Member
4. Sri V Ramachandra Rao      Member
5. Sri U N Kapur      Member
SHAREHOLDERS'/INVESTORS' GRIEVANCES COMMITTEE

1. Sri M P Mehrotra      Chairman

2. Sri B Swaminathan       Member
3. DR. Sone Lal      Member

RISK MANAGEMENT COMMITTEE

1. Sri B Swaminathan      Chairman

2. Sri Anup Prakash Garg      Member
3. Sri M P Mehrotra       Member
CASH MANAGEMENT, OR TREASURY
MANAGEMENT
Why???
Remove paper-based clearing system.
High processing cost
Security risk
High speed and accuracy
Time
CASH MANAGEMENT SERVICES
What is CCMS?
To meet the requirements of Corporates/Business houses/Partnership firms

Speedy collection of outstation cheques and other instruments

Pooling of funds at designated centres

More importantly, providing funds to the Corporates as per their need

Customised MIS reports

What We Offer?
SUPERFAST SERVICE - Local cheque collection services

FASTRACK SERVICE - Upcountry cheque collection services

BULK COLLECTION SERVICE - Bulk cheques collection services

 CASH MGMT

FINANCE MANAGER

RECORDED STATE LOCAL

MANAGEMENT ACCOUNTS ACCOUNTS

RECORDED
MANAGEMENT ACCONTATNT ACCONTATNT
COORDINATOR

ADMIN ASSISTAT ADM ASSOCIATE ADM ASSOCIATE

 Benefits Of CMS
 Funds available as per need on day zero, day one, day
two, day three etc.
 Corporates can plan their cash flows
 Bank interest saved as instruments are collected faster
 Affordable and competitive rates
 MIS reports customised to meet individual
Corporate's requirement
 Single point enquiry for all queries
 Pooling of funds at desired locations
 Operational in 148 Cities/Centres
 www.canarabank.com
 www.moneycontrol.com