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Canara Bank

Canara Bank's ED, Bhavendra kumar On Q2 Results In Talk With Zee Business

Canara Bank's ED, Bhavendra kumar On Q2 Results In Talk With Zee Business

Fri, Oct 27, 2023

Canara Bank: Discussion on Q2 results, sector outlook... Profit increased from ₹ 2525 Cr to ₹ 3606 Cr... How will the asset quality be in the future? What are your future plans regarding growth? Conversation with Canara Bank ED Bhavendra Kumar

Canara Bank Shares Surge 5% on Stellar Q2 Results | Stock Market News

Canara Bank Shares Surge 5% on Stellar Q2 Results | Stock Market News

Fri, Oct 27, 2023

Canara Bank shares are soaring after the bank posted stellar Q2 results. Net profit grew 42.8% YoY, NII increased 19.8% YoY, and asset quality improved. In this video, we will take a closer look at Canara Bank's Q2 results and what they mean for the stock.

SBI, Canara Bank, 2 other public sector banks in India cut deposit, loan interest rates

SBI, Canara Bank, 2 other public sector banks in India cut deposit, loan interest rates

Sat, Feb 08, 2020

SBI or State Bank of India, Bank of India, Canara Bank and Oriental Bank of Commerce have announced to reduce the loan interest rates and deposit rates.

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Top 5 stocks in Focus on July 26: From Hero MotoCorp to Canara Bank; here are 5 newsmakers of the day

Top 5 stocks in Focus on July 26: From Hero MotoCorp to Canara Bank; here are 5 newsmakers of the day

Thu, Jul 26, 2018

Hero MotoCorp: India's largest two-wheeler manufacturer has posted a marginal decline of 0.53 per cent in net profit at Rs 909.17 crore for the quarter ended on June 30, 2018. Revenue from operations during the quarter under review stood at Rs 8,809.8 crore. It was at Rs 8,621.8 crore in the same period last fiscal.

Canara Bank fined in UK for anti-money laundering breaches; blocked from accepting new deposits

Canara Bank fined in UK for anti-money laundering breaches; blocked from accepting new deposits

Wed, Jun 06, 2018

The bank had seconded staff from its head office in India to fill senior management positions in the UK who did not properly understand British legal and regulatory AML requirements, leading to a "consistent failure" to implement adequate systems and controls, the regulator said.

Bank strike tomorrow; Your ATM transactions, pay withdrawal to take a hit as 1 mn officers to stop work

Bank strike tomorrow; Your ATM transactions, pay withdrawal to take a hit as 1 mn officers to stop work

Tue, May 29, 2018

The strike is carried on the back of a salary hike demand of 2% made by the Indian Banks Association (IBA).

Karnataka election 2018: Stock markets may skyrocket if this comes to pass

Karnataka election 2018: Stock markets may skyrocket if this comes to pass

Mon, May 14, 2018

Afterost taking a breather earlier week, Nifty continued its northward march last week led by the heavyweight stocks and gained 1.77% to close to hit 10806. But both the mid and small cap indices underperformed, ending negative for the third week, losing 1% each.

Canara Bank calls off move to divest stake in Canfin Homes

Canara Bank calls off move to divest stake in Canfin Homes

Sat, Mar 31, 2018

Can Fin Homes has a pan India network of 132 branches, 20 Affordable Housing Loan Centres ( AHLCs ) and 20 satellite offices with customer base of over 1.2 lakh. In December 2017, Canara Bank informed stock exchanges that it will offload 4 per cent stake in Canfin Homes Ltd (CFHL)

Canara Bank share price has fallen sharply today; here is why

Canara Bank share price has fallen sharply today; here is why

Tue, Mar 20, 2018

The CBI on Monday charged former Chairman-cum-Managing Director R K Dubey and two of the then executive directors of Canara Bank of cheating and forgery in the alleged loan default of over Rs 68 crore sanctioned in 2013, officials said.

FAST MONEY: Hindalco, Canara Bank among top ten intraday calls

FAST MONEY: Hindalco, Canara Bank among top ten intraday calls

Thu, Mar 01, 2018

Sensex today: The domestic market is expected to open lower, tracking negative trend seen in Asian markets after comments from the Federal Reserve’s new chief rekindled fears about the pace of US monetary tightening this year, sending Wall Street tumbling for its worst performance in two years an

New RBI committee to look into divergences, frauds, bank audits

New RBI committee to look into divergences, frauds, bank audits

Wed, Feb 21, 2018

Almost a fortnight after the Rs 11,300 crore fraud broke out at the Punjab National Bank (PNB) involving diamond billionaire Nirav Modi and his associates, Reserve Bank of India (RBI) has come out with preventive measures to guard against such practices while also strengthening the SWIFT operatin

FAST MONEY: SBI, Lupin among top 10 buy and sell ideas for Monday's trade

FAST MONEY: SBI, Lupin among top 10 buy and sell ideas for Monday's trade

Mon, Feb 12, 2018

The domestic market are expected to open higher on Monday, tracking Asian markets, which found a semblance of calm as S&P futures extended their bounce, though bond investors were still fretting about the risks from looming US inflation data.

HDFC may buy controlling stake in CanFin Homes

HDFC may buy controlling stake in CanFin Homes

Wed, Feb 07, 2018

The divestment would act positive for the Canara bank as it would aid it to improve its capital adequacy ratio

Savings rate cut: These banks are still offering 6% interest, here's a look

Savings rate cut: These banks are still offering 6% interest, here's a look

Sat, Sep 02, 2017

Savings account, which is considered as the most basic financial product, has become a new "tool" for the banks to reduce liquidity post demonetisation period. It is best suited for salaried employees or people with a monthly income.

Fitch affirms eight banks' IDRs as 'stable'

Fitch affirms eight banks' IDRs as 'stable'

Tue, Jun 27, 2017

Fitch Ratings on Tuesday that it has affirmed Issuer Default Rating (IDR) of eight Indian banks.

NPA resolution: Banks seek relaxation in S4A scheme

NPA resolution: Banks seek relaxation in S4A scheme

Wed, May 31, 2017

Bankers have also requested the regulator to allow them to extend repayment schedule and reduce rate of interest under the scheme. These are not allowed in the exiting S4A guidelines.

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

Sat, May 06, 2017

In a major restructuring of PSU banks, the government on Saturday has appointed heads of seven public sector unit (PSU) banks and carried out rejigs at Punjab National Bank (PNB) and Bank of India (BOI).

Canara Bank sells 13.45% stake in Can Fin Homes to Singapore's Caladium Investment

Canara Bank sells 13.45% stake in Can Fin Homes to Singapore's Caladium Investment

Fri, Mar 10, 2017

Indian state-run lender Canara Bank has sold a 13.45% stake in housing finance arm Can Fin Homes to Singapore-based Caladium Investment for Rs 754 crore ($113.12 million).

IDBI Bank approves divestment of its non-core business

IDBI Bank approves divestment of its non-core business

Tue, Feb 21, 2017

IDBI Bank in a BSE filing said, "The board of directors has approved in-principle, the proposal to divest some of its non-core investment subject to compliance with all applicable laws and regulations and subject to final approval to be obtained for each transaction by delegated authority."

Canara Bank to divest 13% stake in Can Fin Homes by March-end

Canara Bank to divest 13% stake in Can Fin Homes by March-end

Tue, Feb 14, 2017

Can Fin Homes on Tuesday said that its promoter Canara Bank was planning to divest 13.45% stake in the company by March-end. Can Fin Homes informed the BSE that Canara Bank had notified the Reserve Bank of India (RBI) about the stake sale.

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Mon, Jan 09, 2017

The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.

Now, Canara Bank and HDFC Bank reduces MCLR rate

Now, Canara Bank and HDFC Bank reduces MCLR rate

Wed, Jan 04, 2017

The revised MCLR will be effective from Saturday, January 7, 2017, the bank said.

Bajaj Allianz ties up with Canara Bank to distribute general insurance products

Bajaj Allianz ties up with Canara Bank to distribute general insurance products

Sat, Nov 26, 2016

Canara Bank and Bajaj Allianz General Insurance on Saturday signed a corporate agency agreement for distribution of Bajaj Allianz's general insurance products through Canara Bank's network of 5,920 branches across the country.

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