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March 14, 2018 10:44 AM IST Canara Bank will receive commercial bids for their stake in Can Fin Homes today. In an interview to CNBC-TV18, PV Bharathi, Executive Director of Canara Bank spoke at length about the bid.
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December 27, 2017 12:29 PM IST Canara Bank has announced a qualified institutional placement (QIP) worth Rs 3,500 crore. In an interview to CNBC-TV18, PV Bharathi, ED of Canara Bank spoke at length about the same.
- October 31, 2017 08:32 AM IST
Speaking for the first time after floating RFP or request for proposal for appointment of investment bankers, Canara Bank MD, Rakesh Sharma said that the bank is looking at monetisation of non-core assets as a lever to improve profitability.
- October 26, 2017 10:52 AM IST
In an interview to CNBC-TV18, Rakesh Sharma, MD & CEO of Canara Bank spoke about the mega recapitalisation plan.
- February 09, 2017 10:45 AM IST
Canara Bank is planning to allot up to Rs Rs 1,124 crore at Rs 207 per share via rights issue. Sharing details of the issue with CNBC-TV18 Managing Director & CEO Rakesh Sharma said roughly Rs 745 crore of this will be from the government and balance from other shareholders.
- November 22, 2016 09:06 AM IST
Bankers have maintained a positive stance after the roll-out of the demonetisation scheme. Rakesh Sharma, MD & CEO of Canara Bank concurs with the optimism and says that the bank is not facing issues since the Reserve Bank of India (RBI) formed the task force to manage the chaotic situation.
- July 15, 2016 01:24 PM IST
Most of the NPAs have been recognized already and no surprises are expected in FY17 as far as stressed assets are concerned, says TN Manoharan, Chairman of Canara Bank.
- November 24, 2015 03:17 PM IST
The bank has lent close to Rs 2000 crore to the infra company.
- November 06, 2015 12:33 PM IST
The bank has a total exposure of Rs 23,000 crore to this sector, of which loans worth Rs 12,000 crore are under the Fiscal Responsibility and Budget Management (FRBM) scheme, says Rakesh Sharma, Managing Director and CEO, Canara Bank.
- September 04, 2015 04:49 PM IST
This is the third base rate cut this week with HDFC Bank paring rates to 9.35 percent effective Tuesday and Canara Bank trimmed rates to 9.9 percent effective Thursday.
- September 01, 2015 02:42 PM IST
Saswata Guha, Director – Financial Institutions, Fitch Ratings (India) told CNBC-TV18 that despite injection of capital by the government, PNB‘s balance sheet has inadequate capital to meet uncertain risks.
- July 07, 2015 04:40 PM IST
In an interview with CNBC-TV18, Saswata Guha, Director, Fitch Ratings said low asset quality and insufficient capital are the main reasons for slowdown in loan growth.
- January 05, 2015 03:19 PM IST
C Ilango, MD, Can Fin Homes says that coompany's rights issue that will take care of its funding requirements till 2017 will open in February with an issue size of Rs 250-300 crore.
- January 05, 2015 06:13 PM IST
BK Batra, DMD of IDBI Bank says the timing seems right to monetize a part or its entire stake in CARE. He believes the bank can get between Rs 600 crore and Rs 700 crore for its entire shareholding.
- December 22, 2014 03:44 PM IST
CARE Ratings looks to strengthen its presence in the SME sector by opening additional 30-40 SME outlets, says company MD and CEO DR Dogra.
- November 24, 2014 03:09 PM IST
Going ahead, C Ilango, MD, Can Fin Homes expects company‘s Net Interest Income to increase and net interest margin to improve. In addition, housing company anticipates its new branches to breakeven in 8-9 months, he adds.
- October 08, 2014 03:20 PM IST
For every downgrade there have been 1.25 upgrades in Q2FY15, says DR Dogra, MD & CEO of Care Ratings
- January 08, 2014 09:28 PM IST
Malay Mukherjee, MD & CEO, IFCI says NPA norms for the company, which is a non-banking financial company, are different – 180 days versus 90 days for banks. The company has an exposure to Ratnagiri Gas, which amounts to Rs 400 crore.
- December 16, 2013 05:49 PM IST
VS Krishnakumar, ED, Canara Bank said no call has been taken for any other deposits except for deposits of Rs one crore and above.
- November 28, 2013 10:18 PM IST
RK Dubey, CMD, Canara Bank says there has been good credit growth across the board. Loans to vehicles recorded more than 45 percent growth, while housing witnessed more than 50 percent growth. White goods segment too saw a good offtake.
- July 05, 2013 07:18 PM IST
Girish Bhat, CFO, Gammon India expects the company's corporate debt restructuring (CDR) to be approved shortly, which includes a two-year moratorium plus eight years of repayment schedule.
- July 05, 2013 02:25 PM IST
In an interview to CNBC-TV18, RK Dubey, CMD, Canara Bank explains reasons for base rate cut of 30 bps it annouced yesterday.
- June 03, 2013 03:45 PM IST
RK Dubey, CMD, Canara Bank expects an incremental provision of around Rs 400 crore during the April-June quarter this year on the back of revised restructuring guidelines issued by the Reserve Bank of India.
- April 02, 2013 07:25 PM IST
RK Dubey, Chairman of Canara Bank told CNBC-TV18 that Basel III norms will not have major impact on the business. “If there is a major impact, we are not able to envisage that, he said. Instead he feels that the company would absorb the impact by increasing business.
- March 13, 2013 03:15 PM IST
SL Bansal, CMD, Oriental Bank of Commerce and RK Dubey, chairman, Canara Bank, in a discussion on CNBC-TV18, say that they expect no default or delay in payments from the Punjab Electricity Board and have decided not to fund discoms that are financially unviable.
