Tag: Canara Bank
17 Results
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2-day strike may affected banking services later this month: Canara Bank
A host of bank unions have given a call for strike on March 15-16.
March 4, 2021 -
Matam Venkata Rao joins as MD & CEO of Central Bank of India
Prior to joining the current assignment, Rao was Executive Director, Canara Bank for more than three years where he played a pivotal role in the Bank’s progress and in the amalgamation of Syndicate Bank with Canara Bank.
March 3, 2021 -
Canara Bank Circle Office Delhi organises Mega Retail Expo
GM Santanu Kumar Majumdar, Circle Head, Delhi, RO Heads, RAH Heads and other Executives of Delhi Region attended the expo along with the branch in-charges.
February 15, 2021 -
Canara Bank posts consolidated net profit at Rs 739.20 crore in Q3
In value terms, the gross NPAs or bad loans were of the order of Rs 49,988.56 crore as against Rs 36,860.49 crore.
January 28, 2021 -
Canara Bank sets issue price for Rs 2,000 crore QIP
Earlier this week, the bank had set the floor price for the issue at Rs 103.50 apiece.
December 11, 2020 -
Canara Bank shares up by 19 pc; mid cap rises by Rs 2,798.9 cr
During the last hour of trading, the banks stock witnessed huge buying and jumped 16.38 per cent to close at Rs 136.80 on BSE.
December 8, 2020 -
Canara Bank, three other lenders buy equal stakes in fintech firm IBBIC
All four banks have acquired 6.67 per cent stake each (representing 50,000 equity shares) in firm for a cash consideration of Rs 5 lakh.
November 21, 2020 -
Canara Bank raises Rs 1,012 crore via Basel III Compliant Additional Tier 1 bonds
Under the globally accepted Basel-III capital regulations, banks need to improve and strengthen their capital planning processes.
September 12, 2020 -
Canara Bank cut MCLR by up to 30 bps across various tenors. Here are the latest rates
The overnight and one-month lending rates have been cut by 20 basis points (bps) to 7 per cent each.
August 6, 2020 -
Canara Bank plans to raise Rs 5,000 crore via rights issue and other options
In this regard, the lender will seek its shareholders' approval, in its upcoming Annual General Meeting on August 10.
July 20, 2020 -
Canara Bank, BoM slashes MCLRs by 10 and 20 bps
BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
July 7, 2020 -
Canara Bank announces credit support for COVID-19 hit borrowers
With an aim to reach out to the eligible borrowers, the bank has employed various strategies like SMS, call centres, emails and personal calls, explaining the facility in order to sanction the loan.
May 23, 2020 -
RBI proposes to change SLBC convenors in view of mega bank merger
From April 1, 10 public sector banks will be merged into 4.
March 30, 2020 -
Government appoints LV Prabhakar as new MD & CEO of Canara Bank
Prabhakar joined PNB on March 1, 2018 and holds a Master's Degree in Agriculture and a Certified Associate of Indian Institute of Bankers (CAIIB).
January 24, 2020 -
PSU banks lose BSE after the announcement of bank merger
Punjab National Bank which will be merged with the Oriental Bank of Commerce and United Bank of India, fell over 7 per cent, the most among the state-run banks constituting the PSU Bank Nifty index.
September 3, 2019 -
Board to soon consider amalgamation with OBC, United Bank: PNB
The bank has received a communication from the Ministry of Finance that the Alternative Mechanism (AM), after consultation with Reserve Bank of India (RBI), has decided that Punjab National Bank, Oriental Bank of Commerce (OBC) and United Bank of India may consider amalgamation, it said in a regulatory filing.
August 31, 2019 -
‘Clearing path for $5 trillion economy’: Nirmala Sitharaman announces 4 mega public sector bank mergers
With today's announcement, post consolidation, India will have 12 Public Sector Banks from 27 Public Sector Banks.
August 30, 2019