"We have approached the government for Rs 1,000 crore capital infusion in the current fiscal," Canara Bank Chairman and Managing Director RK Dubey said.
"Although we don't require funds for domestic credit expansion this fiscal, capital would be needed for overseas expansion," he said.
The bank has got approval for opening up branches in Johannesburg in South Africa and Dubai.
Government holds about 68 per cent in the bank and with the fresh capital infusion, its shareholding will go up further.
Asked about expectations from RBI's policy, Dubey said: "I think there is unlikely to be change in the interest rate on Tuesday."
RBI is scheduled to announce the first quarter review of monetary policy for 2013-14 on Tuesday. Broadly, marketmen are expecting the central bank to maintain status quo.
Meanwhile, in order to increase retail sector exposure, the bank is holding a loan carnival here focussing on housing, auto, education and MSME sectors.
At the same time, the bank also opened 5,000 savings, 3,500 recurring deposit and 1,000 current accounts.
The government has already announced that the public sector banks will get Rs 14,000 crore additional capital from government during the current fiscal.


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