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

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

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

10 May 2020 8:44 AM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

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 IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

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 March 2018 11:58 AM IST

Hasmukh Shah will be in CBI custody till March 26.

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...

20 March 2018 12:46 AM IST

The CBI filed its charge sheet in the case in 2016. (Photo: PTI)

CBI files chargesheet against former Canara Bank official over loan...

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

19 March 2018 8:20 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

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 March 2018 4:10 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

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 IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

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 Sept 2018 1:15 PM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

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

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

16 Feb 2021 10:42 PM IST

Managing Director and CEO of Canara Bank Rakesh Sharma

Canara bank comfortable in capital adquacy:Rakesh Sharma

Managing Director and CEO today welcomed Centre's move to recapitalise state-run-banks.

9 May 2017 9:04 AM IST

Four arrested for looting multi crore jewelery shop. (Photo:PTI)

CBI arrests ex-director of telecom firm

Officials said the banks sustained losses to the tune of Rs 126 crore.

13 May 2017 3:05 AM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank's gross NPA divergence Rs 507cr for FY16

Bank assessed its net NPAs at Rs 20,832.91 crore while the RBI's assessment was Rs 20,863.06 crore.

22 July 2017 12:38 PM IST