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Canara Bank
What is the cue for Indian Market today
Posted by :
Leave it.Tracked by: 0 Boarder
Here in India bank strikes are over. Let us have look for what happens in big banks in the west. A view of IMF chief is given in Bus.Std. Here it is for the information of employees and public.:
'Large US banks may fail amid recession'
“The worst is yet to come in the US,” says IMF's former chief economist. The US housing slump has triggered more than $500 billion of credit market losses for banks globally.
Credit market turmoil has driven the US into a recession and may topple some of the nation’s biggest banks, said Kenneth Rogoff, former chief economist at the International Monetary Fund.
“The worst is yet to come in the US,” Rogoff said in an interview in Singapore today. “The financial sector needs to shrink; I don't think simply having a couple of medium-sized banks and a couple of small banks going under is going to do the job.”
The worst is yet to come is the caution as the world banking industry is interdependent.Once the inflation and recession steps in all banks are sailing in the same boat,to give concern for the Govt. and Public alike.
v.krishnamoorthy
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Tracked by: 0 Boarder
i bought canara bank shares 333 for rs 216,will iot worth to hold the shares at this rate?Will it move upward up to 240 mark?...
CANARA BANK GIVEN EARLIER IS ROCKING NOW
Posted by :
Priyanka-SMTracked by: 0 Boarder
canara bank, i had asked to buy at 224 for accumulation is looking good at 230 now ....stock is looking to make big moves and is looking to move further towards 235 levels.......
Bank share look attractive
Posted by :
vvbTracked by: 0 Boarder
Buy Bank share and get 20% returns with in 3-4 month...
NSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Canara Bank has informed the Exchange that "Shri. B. B. Tandon, shareholder Director of the Bank, has resigned from the Directorship of Canara Bank with immediate effect vide resignation letter Dt. 26.07.2008."...
BSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Canara Bank has informed BSE that Shri. B B Tandon, Shareholder Director of the Bank, has resigned from the Directorship of Canara Bank Board with immediate effect vide resignation letter Dt. July 26, 2008....
After SBI-SBS merger what?
Posted by : Leave it.Tracked by: 0 Boarder
SBI--SBS merger is on cards. The regional banks should also be ready to count their days for consolidation. The regional banks may be the next target for consolidation and merger for Mr.P.C..
Now Cabinet okays SBI, State Bank of Saurashtra merger--- Business line reports today. An extract is given below for immediate attention.
Perhaps can it be the reason for the CMP of SBI to move down in yesterday trading?
With the Left parties no longer in the picture and new allies coming into its fold, the UPA Government has been encouraged to take a legislative route to facilitate State Bank of India’s (SBI) acquisition of State Bank of Saurashtra (SBS)
The Union Cabinet on Thursday gave its nod for issuing an order for the introduction of a Bill in Parliament for repealing the State Bank of Saurashtra Act, 1950.It will be called State Bank of India (Subsidiary Banks) Amendment Bill 2008. The boards of both the banks had earlier approved the proposal
“The merger of State Bank of Saurashtra with State Bank of India (SBI) would enable it to scale up in terms of footprint, manpower and other resources. It would also enable it to face competition arising from globalisation of the economy, apart from augmenting efficiency and enabling better management of risk”, Mr Priyaranjan Dasmunshi, told reporters here after the Cabinet meeting.
SBI unions have opposed the merger will show their protest after an high-level meeting. The SBI-SBS transaction is an important test case in the consolidation efforts of the SBI subsidiaries next.
Our finance minister has started to act as quickly as possible. His next step may be to have SBI subsidiaries are merged to form a single State Bank of India, to look as big as possible in the eyes of the world. This step will lead to consolidate other PSU banks too and to allow tne FDI to have greater share in banking and Insurance. Both our P.M and F.M. have clearly set the agenda during their speeches in the course of seeking the Trust Vote.
It is certain that banking sector will have to face a change for a change of face. Regional banks may also be getting their turn to fall in line.
V.Krishnamoorthy
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canara bank dividend for 2008
Posted by : rexgegTracked by: 2 Boarders
thank you for your reply. I bought these shares on 05/06/2008, I hope I would be eligible for this 80% dividend. thanks for registrar details...
In reply to:
canara bank dividend for 2008
Posted by : Leave it.
To rexqeq
Dear friend,
The bank had the book closure from 12-608-to-18-06-08. It became ex.div on 10-6-08. If you have bought on 10th and 11th instant, I feel you are not eligible for the dividend. If you are holding it for a long time, earlier to 10-06-08, you should have received the balance sheet and notice for the AGM etc. In that event, you can write to the reg. office(e,mail; hosecretarial@canbank dot in ) under copy to the registrars Karvy (mailmanager@karvy dot com) with your DP ID no and Cl.Id No to know the position. Please don`t worry. Some follow up action is need tobe done. If you are not a new entrant you should have got the balance sheet where in you will see all the details for your further action tobe done,in case you have any Qns. or grievance.
V.Krishnamoorthy 
Buy Canara Bank
Posted by : zoombusinessTracked by: 0 Boarder
Buy canara bank stock has broken a major resistance level of 190 odd ...and looks set to move towards 210 levels in coming times....... banking sector is on a roll now
canara bank trading at 192 at present s and m
...
Tracked by: 0 Boarder
CANARA BANK(193): Looking good to make 195.Thereafter, will rocket towards another high level levels. SL 181...LNT update CMP 2790 TODAYS HIGH 2809...
canara bank dividend for 2008
Posted by : rexgegTracked by: 2 Boarders
Canara bank announce 80% dividend for 2008 and exdate was 10/06/2008, anyone got the cheque yet?, can someone tell me who is the registrar processing these cheques (is it Karrvy?? any other??)...
Qly. np down by almost 50%
Posted by : GuestTracked by: 0 Boarder
Net profits for qtr.June 08 is almost 50% down when compared with the same qtr. of last year....
BSE Announcements on Canara Bank
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Canara Bank has announced the following Unaudited results for the quarter ended June 30, 2008:
The Bank has posted a net profit of Rs 1226.80 million for the quarter ended June 30, 2008 as compared to Rs 2405.50 million for the quarter ended June 30, 2007. Total Income has increased from Rs 37600.70 million for the quarter ended June 30, 2007 to Rs 40990.50 million for the quarter ended June 30, 2008....
NSE Announcements on Canara Bank
Posted by : MMB MessengerTracked by: 0 Boarder
CANARA BANK has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Interest earned of Rs. 373054 lacs for the quarter ending on 30-JUN-2008 against Rs. 337997 lacs for the quarter ending on 30-JUN-2007. Interest expended of Rs. 271135 lacs for the quarter ending on 30-JUN-2008 against Rs. 248591 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 12268 lacs for the quarter ending on 30-JUN-2008 against Rs. 24055 lacs for the quarter ending on 30-JUN-2007....
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