In the life insurance policy, the elderly citizen's daughter was listed as the 'life assured,' while the 90-year-old remained the primary account holder whose funds were used to pay the premiums.
We have Rs 20,000 crore of corporate sanctions under discussion, which should translate into disbursements. While remaining conscious on pricing, we see good momentum on the corporate front as well, Ahluwalia said.
Motilal Oswal is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 175 in its research report dated January 29, 2026.
Prabhudas Lilladher recommended hold rating on Canara Bank with a target price of Rs 160 in its research report dated January 30, 2026.
Nifty PSU Bank Index tanks more than 4% following announcement of comprehensive review of banking sector
The market is expected to consolidate and trade within the previous week’s range. Below are some short-term trading ideas to consider.
Stocks to Watch, 1 January: Stocks like Jindal Poly Films, Vodafone Idea, NBCC, NCC, Great Eastern Shipping Company, Berger Paints India, Hyundai Motor India, Blue Dart Express, Adani Enterprises, and Ola Electric Mobility will be in focus on January 1.
The CBI is also investigating the role of other officials in relation to the opening and operating of mule accounts
Stocks to Watch, 23 December: Stocks like IRCTC, HCL Technologies, Antony Waste Handling Cell, GPT Infraprojects, Saatvik Green Energy, Sanghvi Movers, Prestige Estates Projects, Canara Bank, Ola Electric Mobility, Vikran Engineering, Ambuja Cements, ACC, Orient Cement, and KSH International will be in focus on December 23.
The FSIB has recommended Brajesh Kumar Singh, Executive Director of Indian Bank, as Canara Bank’s new MD & CEO, pending final approval by the Cabinet appointments committee headed by PM Modi.
The market is likely to be rangebound after the correction in the past two sessions. Below are some short-term trading ideas to consider.
The Nifty IT index is trading comfortably above its 200-day EMA, reinforcing the ongoing strength in its structure, said Sudeep Shah.
The positive trend is expected to continue given the healthy momentum and supportive technical indicators. Below are some short-term trading ideas to consider.
Overall, technical patterns suggest Bank Nifty is potentially entering the 3rd wave higher, said Ashish Kyal.
Canara Bank MD and CEO also said the lender is preparing to capitalize on the opportunities in the M&A financing space.
Sagility breached its previous high of Rs 56.40 but failed to sustain, forming a bearish engulfing candle on the daily chart — a potential reversal signal, Sudeep Shah said.
On October 30, the lender has informed exchanges that ratings agency ICRA has assigned ‘AA+’ ratings with ‘Stable’ outlook for the Basel-III compliant Tier-1 bonds.
The current MD & CEO K Satyanarayana Raju retires in December
Backed by a strong equity tilt, deep penetration into smaller cities, and steadily improving cost metrics, Canara Robeco AMC enters the market with valuations below larger peers.
Canara Robeco AMC plans to leverage Canara Bank’s branch network and double down on alpha-generating categories to build long-term investor stickiness.
The improved sentiment may drive the market gradually toward the September high. Below are some short-term trading ideas to consider.
Stocks to Watch, 06 October: Stocks like HDFC Bank, Bajaj Finance, IndusInd Bank, Aditya Birla Lifestyle Brands, Lupin, Infosys, Ceigall India, Sobha, Kotak Mahindra Bank, Pace Digitek, Yes Bank, Ujjivan Small Finance Bank, and Canara Bank will be in focus on October 06.
Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective on the basis of the closing price of September 30, following the Reserve Bank of India's decision to maintain the status quo on rates.
The market may see some more consolidation amid rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.
Consolidation may be seen for a few more sessions before entering a new leg of the upmove. Below are some short-term trading ideas to consider.