Canara Bank

Reference number: 204642

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
FC012184
Company status
Active
Company type
Overseas company
Incorporated
12 December 1983 (42 years old)
Registered office
Canara Bank, 112 J.C.Road, Bangalore 560 002, India, India

Current directors and secretaries

Name Role Born Appointed
Kalidindi Satyanarayana Raju Director Dec 1965 10 Mar 2021
Abha Yaduvanshi Director Feb 1962 27 Jul 2022
Vijay Srirangan Director Apr 1955 7 Nov 2022
Hardeep Singh Ahluwalia Director Jun 1967 7 Feb 2023
Bhavendra Kumar Director Oct 1967 9 Oct 2023
Parshant Kumar Goyal Director Sep 1979 25 Oct 2023
Rohit Das Director Sep 1970 5 Aug 2024
Santanu Kumar Majumdar Director Jan 1969 24 Mar 2025
Nalini Padmanabhan Director Jul 1970 11 Apr 2025
Gunjeet Singh Pannu Director Aug 1962 27 Jul 2025

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (4 permissions)
  • Accepting Deposits
  • Dealing in investments as principal
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them

1 fine in 2018, £896,100 in total. This is part of the official register record and is worth reviewing before going ahead.

  • Fined £896,100 on 6 June 2018
    The FCA has fined and imposed a restriction on Canara Bank (Canara) . The reason for this action is because Canara breached Principle 3 (management and control- a firm must take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems) between 26 November 2012 and 29 January 2016. As a consequence of this action, Canara is fined £896,100 and restricted for a period of 147 days from the date of the Final Notice, in respect of its regulated activities only; Canara shall not accept deposits from customers who do not already hold a deposit account with Canara at the date of the Final Notice.   The FCA’s action took effect on 6 June 2018 and a copy of the Final Notice is displayed on the FCA's web site.

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Common questions

Frequently asked questions

Is Canara Bank FCA authorised?
Yes, Canara Bank (FRN 204642) is authorised by the FCA to carry out regulated activities.
Is my money safe with Canara Bank?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Canara Bank to the Financial Ombudsman Service, free of charge.
Is Canara Bank a scam or clone?
Canara Bank is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Canara Bank's Firm Reference Number (FRN)?
Canara Bank's FRN is 204642. You can verify it on the FCA register.