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  • Have put entire stake in Can Fin Homes on the block, says Canara Bank March 14, 2018 10:44 AM IST

    Have put entire stake in Can Fin Homes on the block, says Canara Bank

    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.

  • Expect FY18 net interest margin at 2.45%: Canara Bank January 25, 2018 11:23 AM IST

    Expect FY18 net interest margin at 2.45%: Canara Bank

    In an interview with CNBC-TV18, Rakesh Sharma, MD & CEO of Canara Bank spoke about the results and his outlook for the company.

  • Looking to raise funds from domestic & overseas market via QIP: Canara Bank December 27, 2017 12:29 PM IST

    Looking to raise funds from domestic & overseas market via QIP: Canara Bank

    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.

  • Looking at monetising non-core assets to improve profitability: Canara Bank October 31, 2017 08:32 AM IST

    Looking at monetising non-core assets to improve profitability: Canara Bank

    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.

  • Expect resolution for stressed assets to come soon: Canara Bank October 26, 2017 10:52 AM IST

    Expect resolution for stressed assets to come soon: Canara Bank

    In an interview to CNBC-TV18, Rakesh Sharma, MD & CEO of Canara Bank spoke about the mega recapitalisation plan.

  • Expect slippages in agriculture to reduce going ahead: Canara Bank July 20, 2017 03:56 PM IST

    Expect slippages in agriculture to reduce going ahead: Canara Bank

    In an interview to CNBC-TV18, Rakesh Sharma, MD & CEO of Canara Bank spoke about the results and gave his outlook for the bank.

  • Over Rs 700 cr of rights issue to come from govt: Canara Bank February 09, 2017 10:45 AM IST

    Over Rs 700 cr of rights issue to come from govt: Canara Bank

    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.

  • Canara Bank hopes Rs 32k cr deposits will help in NPA recovery November 22, 2016 09:06 AM IST

    Canara Bank hopes Rs 32k cr deposits will help in NPA recovery

    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.

  • Worst almost over; see gross NPA near 9% by Mar '17: Canara Bank October 26, 2016 06:34 PM IST

    Worst almost over; see gross NPA near 9% by Mar '17: Canara Bank

    Worst seems to be over for Canara Bank in terms of stress on books and profitability will be better during the second half of the year, says MD & CEO Rakesh Sharma.

  • Asset quality under control; focus now on retail book: Canara Bk July 25, 2016 07:29 PM IST

    Asset quality under control; focus now on retail book: Canara Bk

    Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.

  • Canara Bank aims to keep gross NPLs below 10% this fiscal July 15, 2016 01:24 PM IST

    Canara Bank aims to keep gross NPLs below 10% this fiscal

    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.

  • Examining options to recover Gammon Infra dues: Canara Bk November 24, 2015 03:17 PM IST

    Examining options to recover Gammon Infra dues: Canara Bk

    The bank has lent close to Rs 2000 crore to the infra company.

  • States to take over Rs 9k cr debt under UDAY: Canara Bank November 06, 2015 12:33 PM IST

    States to take over Rs 9k cr debt under UDAY: Canara Bank

    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.

  • Slippages improved YoY to Rs 4000cr in H1FY16: Canara Bank November 04, 2015 06:25 PM IST

    Slippages improved YoY to Rs 4000cr in H1FY16: Canara Bank

    Canara Bank's asset quality has bottomed out and slippages improved to Rs 4,000 crore in the first half this fiscal, compared to Rs 5,000 crore last year, CMD Rakesh Sharma told CNBC-TV18.

  • Retail credit to grow 40% on back of rate cut: Vijaya Bank September 04, 2015 04:49 PM IST

    Retail credit to grow 40% on back of rate cut: Vijaya Bank

    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.

  • PNB weakest amongst state banks due to NPLs: Fitch September 01, 2015 02:42 PM IST

    PNB weakest amongst state banks due to NPLs: Fitch

    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.

  • Bank loan growth in FY15 slowest in a decade: Fitch Ratings July 07, 2015 04:40 PM IST

    Bank loan growth in FY15 slowest in a decade: Fitch Ratings

    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.

  • Expect asset quality to improve in FY16: Canara Bank May 26, 2015 08:42 AM IST

    Expect asset quality to improve in FY16: Canara Bank

    In an interview with CNBC-TV18, PS Rawat, ED, Additional Charge MD & CEO, Canara Bank, talks about fourth quarter earnings.

  • Can Fin Homes' Rs 250-300cr rights issue to open in Feb: MD January 05, 2015 03:19 PM IST

    Can Fin Homes' Rs 250-300cr rights issue to open in Feb: MD

    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.

  • May get Rs 600-700 cr for entire stake in CARE: IDBI Bank January 05, 2015 06:13 PM IST

    May get Rs 600-700 cr for entire stake in CARE: IDBI Bank

    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.

  • Eyeing inorganic growth ops; to focus on SMEs: CARE December 22, 2014 03:44 PM IST

    Eyeing inorganic growth ops; to focus on SMEs: CARE

    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.

  • If approved, see rights issue in Jan/Feb: Can Fin Homes November 24, 2014 03:09 PM IST

    If approved, see rights issue in Jan/Feb: Can Fin Homes

    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.

  • Corporate rating upgrades may continue going forward: CARE October 08, 2014 03:20 PM IST

    Corporate rating upgrades may continue going forward: CARE

    For every downgrade there have been 1.25 upgrades in Q2FY15, says DR Dogra, MD & CEO of Care Ratings

  • See asset quality, NIMs improving in Q4: Canara Bank January 31, 2014 09:10 PM IST

    See asset quality, NIMs improving in Q4: Canara Bank

    RK Dubey, CMD of Canara Bank is hopeful of the net interest margins improving in the March quarter to 2.3-2.4 percent from the current 2.2 percent

  • Not worried about Dabhol loan turning bad: IFCI January 08, 2014 09:28 PM IST

    Not worried about Dabhol loan turning bad: IFCI

    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.