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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…
PTI
5 mins read
PSU banks near all time high as analysts expect a rerun of 2004-05 corporate capex cycle
Public sector banks are among the top performers on the stock exchanges with valuations reaching al…
4 mins read
Two-day Bharat Bandh: Essential services likely to be affected
Some of the essential services related to banking, transportation, railways and electricity are lik…
PTI
1 min read
IDBI Bank posts 60% growth in profit in third quarter
The Bank's interest income went up 13 per cent to Rs 5,231 crore, against Rs 4,624 crore in the yea…
ANI
10 mins read
PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term
Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades fr…
1 min read
FM Nirmala Sitharaman lauds PSU banks for declaring ₹25,685 crore profit in Q2
Finance Minister Nirmala Sitharaman on Monday lauded all 12 public sector banks for recording combi…
5 mins read
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
4 mins read
Canara Bank stock performance to rise as marquee investors Rakesh Jhunjhunwala, Morgan Stanley and LIC invest in it
State-run Canara Bank has raised ₹2,500 crore through qualified institutions placement (QIP) this w…
6 mins read
Here’s how much banks have increased home loan interest rates
Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…
1 min read
Canara Bank, Bank of Maharashtra cut MCLR
Overnight and one-month lending rates have been cut by 10 basis points to 7.20 per cent each. Thre…
PTI
2 mins read
India’s biggest lender appoints Alok Kumar Choudhary as new MD soon after top brass rejig
Seasoned banker Alok Kumar Choudhary was appointed as the managing director of India’s largest publ…
2 mins read
SBI, Canara Bank and United India to reimburse COVID-19 vaccine cost
On the other hand, city-based United India General Insurance Company Ltd. will reimburse the v…
2 mins read
Easy ways to check account balance in Canara Bank
Canara Bank provides some amazing banking facilities comparable to the best banks of the world. …
3 mins read
Surat cop suspended for assaulting Canara Bank staffer — but that’s only one of many incidents of abuse against bankers during the coronavirus pandemic
Bank employees are the unsung heroes of the coronavirus lockdown. During the coronavirus pandemic, …
3 mins read
Sensex, Nifty at record high led by surge in IT stocks — these are the top movers in trade
Indian equity benchmark indexes touched a fresh lifetime peak in early trade on Tuesday tracking ga…
2 mins read
Top stocks to watch — Canara Bank, Sun Pharma, Titan, NBCC, Gujarat State Fertilizers, Coffee Day, and others
Indian stock-market indices are likely to start on a tepid note on Wednesday, led by negative cues …
1 min read
Canara Bank cuts in repo-linked lending rate by 40 bps
With the reduction, it said the one-year MCLR has been revised down to 7.65 per cent from existing …
PTI
1 min read
Govt appoints L V Prabhakar as MD of Canara Bank
New Delhi, Jan 24 () The government on Friday announced appointment of L V Prabhakar as managing di…
PTI
2 mins read
CBI searches 19 premises of real estate firm SRS Group, its directors in bank fraud case
"It was alleged that the said borrower group of companies had availed term loans from the ban…
PTI
1 min read
Syndicate Bank's Krishnan S appointed as ED at Canara Bank post merger
In March, Canara Bank had said Krishnan will be appointed as executive director with effect from A…