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7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
3 mins read
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
1 min read
Canara Bank posts 27% jump in net profit for Oct-Dec quarter
Canara Bank on Wednesday reported a 26.87% increase in net profit to Rs 3,656 crore for the October…
1 min read
Canara Bank Q1 profit surges 75% to ₹3,535 cr aided by fall in bad loans, interest income rise
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.15 …
PTI
2 mins read
CBI books Varun Industries in Rs 388 crore fraud in Central and Canara Bank
The Central Bank of India has alleged that it has suffered a loss of Rs 269.29 crore, while Can…
PTI
8 mins read
SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4
Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…
3 mins read
Canara Bank consolidated net profit jumps 74% to ₹3,337 crore in March quarter
State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net pro…
PTI
1 min read
K Satyanarayana Raju appointed as new MD & CEO of Canara Bank
State-owned Canara Bank on Tuesday said the Union Government has appointed K Satyanarayana Raju as …
PTI
1 min read
Canara Bank Q3 profit surges 92% to ₹2,882 crore
Canara Bank on Monday reported 92 per cent jump in profit at ₹2,882 crore for the quarter that ende…
PTI
1 min read
Bankers strike on Nov 19 to protest 'targeted victimisation' of active union members
The members will strike work in protest against targeted victimisation of bankers for being acti…
1 min read
Canara Bank gets the green light to raise ₹9,000 crore through equity and debt this year
The board of directors of Canara Bank has approved Rs 9,000 crore in the ongoing financial year by …
2 mins read
Canara Bank's asset quality continues to dip but it's out of the red for now
State-owned Canara Bank on Tuesday reported a standalone profit of Rs 1,010.87 for the fourth quart…
PTI
1 min read
Canara Bank hits business milestone of ₹20 lakh crore
Canara Bank on Friday said it has crossed the business milestone of ₹20 lakh crore. "Canara Bank ha…
PTI
6 mins read
Srei Group may leave a $4 billion hole in some of India’s biggest lenders
Some of the biggest lenders to the group that is known for funding infrastructure projects inclu…
3 mins read
India’s largest bank is paying out a dividend for the first time in four years
State Bank of India (SBI), India’s largest public sector bank, is finally paying out a dividend for…
2 mins read
Canara Bank’s ₹2,000 crore fundraising plan boosts the share price by over 12% in two days
Canara Bank’s stock continues to rally for a consecutive day. The share price rose over 6% during e…
4 mins read
EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme
Indian government is asking bankers to work on holidays to double the loan disbursement under the …
1 min read
CBI books Hyderabad-based infra firm IVRCL for defrauding eight public banks for ₹4,837 crore
He said that in the complaint, it was alleged that the borrower company represented by its D…
1 min read
CBI files FIR against rice export firm, executives for cheating Canara Bank-led consortium of over ₹1200 crore
The FIR has named Arora, Directors Karan A Chanana, Aparna Puri and Jawahar Kapoor, former Direc…