Canara Bank calls for study on Corporate Business Strategy

By Staff
|
Google Oneindia News

Bangalore, May 22 (UNI) Leading public sector bank Canara Bank is undertaking a comprehensive study to improve its track record of growth and profitability in the increasingly competitive Indian financial scenario.

The bank, which aimed at drawing a road map for addressing key strategic and organisational issues to position itself as a world class financial conglomerate, benchmarking against international best practices, had called for expression of interests from internationally renowned management consultancy firms by June 13 for the study 'design and development of corporate business strategy', according to a bank notification.

The consultant should also guide the bank in strengthening the efficacy of the Core Banking Solution and other technology initiatives, besides helping it to achieve synergy with all its subsidiaries and associates.

A review and refocus of areas such as Marketing and Customer Acquisition Strategy, Product Portfolio, Process Re-designing Organisational Structure and Human Resources and Domestic and Overseas Expansion would have to be carried out by the consultant.

UNI VK GD HVB1350

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