Canara Bank

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Dec 24, 2015, 15:21 PM IST

Canara Bank Q2 net drops 16% to Rs 529 crore

The public sector lender had registered a net profit of Rs 626.84 crore in the corresponding quarter last year.

Nov 04, 2015, 15:37 PM IST

HDFC, Canara Bank, StanChart and others cut lending rate

Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 percent, a move that will make home, auto and other loans cheaper.

Oct 05, 2015, 22:09 PM IST

Canara Bank, 3 others cut benchmark lending rates

State-owned Canara Bank, Corporation Bank and Bank of Mysore Monday reduced their benchmark lending rates by up to 0.25 percent, making home and auto loans cheaper.

Oct 05, 2015, 19:07 PM IST

Loans to be cheaper as HDFC Bank, Canara cut lending rate

Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.

Aug 31, 2015, 22:56 PM IST

Govt to infuse Rs 947 crore in Canara Bank

It said the board of the bank at a meeting held today approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.

Aug 31, 2015, 15:14 PM IST

Banks seek shareholders' nod for Rs 5,934-crore capital infusion

Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.

Aug 22, 2015, 22:33 PM IST

In a first, private sector professionals to head BoB, Canara Bank

Bank of Baroda and Canara Bank Friday became the first state-owned banks to be headed by private sector professionals as government announced appointment of MD and CEOs of five PSU lenders.

Aug 14, 2015, 20:20 PM IST

Canara Bank Q1 net falls 41% to Rs 478 cr as provisions mount

State-run lender Canara Bank today reported 40.65 per cent decline in net profit at Rs 478.84 crore in the first quarter ended June as it parked a higher share towards contingencies for bad loans.

Aug 05, 2015, 16:24 PM IST

Canara Bank ups ATM installation target to 1,000 this fiscal

The 27 public sector banks have plans to set up as many as 15,007 ATMs in the country this fiscal. In April-June, they added 3,037 machines.

Jul 26, 2015, 12:38 PM IST

Canara Bank hands over dividend of Rs 348.81 crore to govt

Canara Bank has paid a dividend of Rs.348.81 crores to the Government of India for the financial year 2014-15.

Jul 25, 2015, 16:53 PM IST

Moody's downgrades Bank of India, Canara Bank

Rating firm Moody's Investors Service on Monday downgraded state-owned Bank of India (BoI) and Canara Bank a notch down in terms of Baseline Credit Assessments (BCAs), an indication of intrinsic or standalone financial strength of the company.

Jun 29, 2015, 21:38 PM IST

Interviews for CEO posts at 5 large PSU Banks start from Monday

As many as 26 candidates, including executives from private sector banks, are to appear for the interviews on June 15 and 16, sources said.

Jun 14, 2015, 10:49 AM IST

Private bankers to be interviewed for CEO/MD post at 5 large PSBs

While the age limit was increased to 57 years, from 55 years earlier, the mandatory board-level experience for the applicants were reduced to one year from three years previously to invite more experienced talent for heading large public sector banks.

Jun 11, 2015, 18:06 PM IST

LIC raises stake in Canara Bank, BoB

Country's largest insurer Life Insurance Corporation (LIC) has raised stake in state-owned Canara Bank by about 7.7 percent through preferential allotment of shares.

May 26, 2015, 20:40 PM IST

Canara Bank reports Q4 net profit flat at Rs 613 crore

Canara Bank Monday reported an almost flat growth in net profit at Rs 613 crore during the fourth quarter of the 2014-15 fiscal as against Rs 611 crore in the same period last year, owing to rise in NPAs.

May 25, 2015, 21:09 PM IST

Canara Bank, OBC cut lending rates by up to 0.25%

Joining the rate-cut bandwagon, two state-owned lenders Canara Bank and Oriental Bank of Commerce on Friday cut base rates to 10 percent, which will lead to lower EMIs for their loan consumers.

May 08, 2015, 21:13 PM IST

Moody's raises outlook for 15 banks, FIs to 'positive'

Credit rating agency Moody's Thursday revised upwards the outlook to positive, from stable, for 12 state-owned banks and financial institutions including SBI, PNB, Canara Bank, REC and PFC.

Apr 09, 2015, 17:21 PM IST

Canara Bank to get Rs 1,500 cr fund infusion from LIC soon

At the current market price, Canara Bank would be able to raise about Rs 1,500 crore by issuing shares on preferential basis.

Apr 03, 2015, 16:09 PM IST

Canbank VC fund to raise Rs 500 cr by June

This will be its sixth fund to be invested in small businesses, a top company official said.

Mar 29, 2015, 12:40 PM IST