Canara Bank

Saturday, Apr 20, 2024 | Last Update : 12:59 AM IST

Union Finance Miniter Nirmala Sitharaman (PTI)

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore

16 Feb 2021 10:42 PM

A few banks have also come up with ‘lockdown offers’ for their customers. HDFC Bank offered discount on purchase of jewellery on Akshaya Tritya, Union Bank of India on purchase of medicine, and SBI on taking key lab tests.

Banks get on social media to brighten up the lockdown with customer engagement activities

HDFC started The Art Project to give customers a #BreakFromBoredom while PNB started a Mother's Day contest

10 May 2020 7:47 PM

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to CBI

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank

10 May 2020 8:44 AM

The forum observed that the bank did not produce the relevant CCTV footage of the ATM at the relevant time.

Banks told to pay for failed transaction

Vishwakarma was holding a savings account in the Mazagaon branch of Canara Bank.

07 Sep 2019 3:40 AM

The board will also consider amalgamation of Syndicate Bank with it.

Canara Bank board to meet next week to consider Rs 9,000-cr capital infusion

Meeting of board of directors of the bank is scheduled to be held on September 13, 2019.

04 Sep 2019 1:09 PM

The bonds are set to mature on March 28, 2024.

Canara Bank issues bonds from London branch to raise up to USD 400 mn

Shares of the bank closed 1.63 per cent down at Rs 271.70 a piece on the BSE.

22 Mar 2019 4:24 PM

Bharathi has been a non-executive director of Can Fin Homes Limited since September 22, 2014. (photo: file)

P V Bharathi assumes charge as CEO of Corporation Bank

Bharathi is the first woman to serve the bank as CEO cum MD.

03 Feb 2019 4:31 PM

Goss bad loans as a percentage of total loans standing at 10.25 per cent at end-December, versus 10.56 per cent in the previous quarter.

Canara Bank December-quarter profit soars 152 per cent

The lender’s net profit came in at 3.18 billion rupees ($44.70 million) for the three months ended Dec 31, 2018.

28 Jan 2019 3:17 PM

State Bank of India (SBI), is offering the highest 6.85 per cent interest rate on 5-10 years tenure.

FD rates up, smaller lenders offer 8.50 per cent

HDFC Bank, Punjab National Bank (PNB) and Canara Bank revised their interest rates recently.

13 Nov 2018 12:38 PM

GTL, however, claimed that it is a victim of consolidation in the telecom sector.

Canara Bank drags GTL group to NCLT

GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure owes Rs 541 crore to the lender.

25 Sep 2018 1:15 PM

Currently, the bank's marketing and retail resources wing uses manual methods for managing its social media accounts.

Canara Bank to hire social media agency for customer outreach

The interested parties can submit their bids by August 31, 2018.

15 Aug 2018 12:49 PM

The banks’ increased rigor risks throttling one of the most vibrant parts of India’s economy - the micro, small and medium enterprises (MSME) sector.

India's small businesses find credit in short supply after mega-fraud

It is also a segment that contributes almost 38 per cent of India’s gross domestic product.

16 May 2018 2:30 PM

CBI on Wednesday questioned two Canara Bank officials from the Bahrain branch and one Bank of India official.

Canara Bank, Bank of India officials questioned in PNB scam case

The PNB in February detected the multi-crore scam, wherein Nirav Modi and Mehul Choksi had allegedly cheated the bank.

12 Apr 2018 12:11 PM

Canfin Homes has a pan India network of 132 branches, 20 Affordable Housing Loan Centres and 20 satellite offices with customer base of over 1.2 lakh.

Canara Bank calls off move to divest stake in Canfin Homes

In December 2017, Canara Bank informed stock exchanges that it will offload 4 per cent stake in Canfin Homes.

31 Mar 2018 4:10 PM

Canara Bank tumbled more than 5 pc after country’s federal police filed charges against a former chairman of the state-run bank.

Canara Bank shares tumble after police file charges in new fraud case

Shares in the bank were down 3.80 per cent at 254.15 rupees after earlier falling to a low of 250 rupees.

20 Mar 2018 11:58 AM

The CBI had earlier in 2016, registered a case against Occasional Silver Company limited and its directors.

CBI charges ex-Canara bank CMD of cheating, forgery

Two of the then executive directors of Canara Bank also held for cheating, forgery in the alleged loan default of over Rs 68 crore sanctioned in 2013.

20 Mar 2018 12:46 AM

Besides Dubey, the chargesheet has been filed against five officials of the Canara Bank and a Delhi-based private company Occasions Silver Private limited and its two Directors Kapil Gupta and RK Gupta. (Photo: PTI)

CBI files chargesheet against former Canara Bank official over loan default

The accused allegedly cheated the Canara Bank to the tune of approximately Rs 68.38 crore.

19 Mar 2018 8:20 PM

Gross bad loans as a percentage of total loans stood at 10.38 per cent at end-December, compared with 10.51 per cent in the previous quarter, and 9.97 per cent a year ago.

Canara Bank third-quarter profit slumps 61 per cent

Net profit came in at 1.26 billion rupees for quarter ended Dec 31, compared with 3.22 billion rupees a year ago.

24 Jan 2018 4:37 PM

Gross NPA in Canara Bank as on September 30 this year stood at Rs 39,164 crore while the net NPA at Rs 25,166 crore.

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ‘ailing’ banking industry as the increasing Non Performing Assets.

24 Nov 2017 6:40 PM

Total income during July-September quarter stood at Rs 11,994.64 crore, down from Rs 12,187.12 crore in the same quarter a year ago.

Canara Bank Q2 net profit down 27 per cent to Rs 260 crore

Net profit for the first half of the fiscal declined to Rs 511.78 crore from Rs 585.86 crore.

27 Oct 2017 7:42 PM

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Shobhaa De

canara bank