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Canara Bank
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Resistance and Support level
Posted by :
sankarantprTracked by: 0 Boarder
Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)
R1 183.30 R2 188.60 R3 194.45
PIVOT 177.45
S1 172.15 S2 166.30 S3 161.00...
A call to protect our savings by the GOVT.
Posted by : Leave it.Tracked by: 0 Boarder
Dear Board members (can.bank0,
You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision.
Here our PM and FM give ratio/TV talks and RBI issues statements.
The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion.
Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk.
I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY.
The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt.
I do not know when we all will see the reality. God alone should save this country.
v.krishnamoorthy ...
BSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Canara Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 20, 2008, inter alia, to approve, the Unaudited Financial Results for the Quarter & half year ended September 30, 2008 (Q2)....
BSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Canara Bank has informed BSE that in exercise of the powers conferred by clause (e) Sub-Section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub- clause (2)(a) of clause 9 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government has appointed Shri. Devender Dass Rustagi, Special Assistant, Canara Bank, Recovery Section, Circle Office, Nehru Place, New Delhi as Workmen Employee Director on the Board of Directors of Canara Bank, vide Notification dated September 15, 2008, for a period of three years from the date of Notification or until further orders whichever is earlier....
NSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Canara Bank has informed the Exchange that "In exercise of the powers conferred by clause (e) Sub-Section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub- clause (2)(a) of clause 9 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government has appointed Shri Devender Dass Rustagi, Special Assistant, Canara Bank, Recovery Section, Circle Office, Nehru Place, New Delhi as Workmen Employee Director on the Board of Directors of Canara Bank, vide Notification No. F. No. 15/6/2007-IR dt. 15th September 2008, for a period of three years from the date of Notification or until further orders whichever is earlier"....
financeandstockadvice.blogspot. com
Posted by : GuestTracked by: 0 Boarder
the most volatile sector of the index is the banking segment and need to treated by care under some proper person...
Expenses for change in LOGO
Posted by : chchchTracked by: 0 Boarder
Message for LEAVE IT. Reproduced below is a post by a boarder - Sulabha Jain - in rediff.
In a move that touches the pit’s bottom, the UPA government has changed the emblem of the Kendriya Vidyalaya Sangathan from Lotus and shining Sun to Cross and Crescent. And this has been done in the name of - broader reflection of national ethos.
The Board of Governors of KVS in its 79th meeting held on 26.6.2008 approved the new logo and a circular was sent to all the offices and schools of the Sangathan on July 17, 2008, to change the emblem in all the publications and communications. Though the chairman of KVS, HRD Minister Arjun Singh did not attend the meeting, the minutes of the meeting stated that the emblem has been approved by the chairman. His deputy Shri Md Ali Ashraf Fatmi, Minister of State, HRD & Deputy Chairman, was also not present at the meeting. The circular issued by the Asst. Commissioner (Acad I), KVS, said -in order to give a broader reflection of national ethos and ought (sic) to be inclusive of challenges, opportunities, rationalistic, scientific and global thinking, advances in science & technology and social changes taking place in the society - (sic) the new emblem has been created.
The picture shows a book with blank pages, and apparently two human forms emerging from globe. The crescent (an Islamic symbol) and two crosses and stars (Christian) are obvious.
A few months ago, the UPA government had released coins of Rs 2 denomination with cross on them. There was reportedly even a surreptitious move to change our national
...
In reply to:
steady growth
Posted by :
kirti nandanTracked by: 0 Boarder
After showing poor results in the 1st quarter,this bank is poised for goodgrowth because they have got rid of high cost deposits n the new chairman has told in clear terms about casa deposits n he means business
the bank pays very handsome dividend ie 80%last f year
so its a good buy at CMP on tuesday at lower price...
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