Home Current Affair August 2019 Canara Bank launches OTP facility for Cash Withdrawal by ATM

Canara Bank launches OTP facility for Cash Withdrawal by ATM


  • Bengaluru based public sector bank- Canara Bank has launched the first OTP facility for Cash Withdrawal by ATM.
  • In a tweet, Canara Bank announced that the OTP facility will get activated on withdrawals of Rs 10,000 in a day.
  • In 1906, Canara Bank was established at Mangalore by Ammembal Subba Rao Pai. It is one of the oldest public sector banks in the country.
    i) Chairman - T. N. Manoharan
    ii) MD & CEO - R. A. Sankara Narayanan
    iii) Number of Employees - 58,350 (March 2019)

Published On : 31 Aug 2019

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