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  • Canara Bank plans to raise up to Rs 8,000 crore in FY21 Jul 10, 2020 05:45 PM IST

    Canara Bank plans to raise up to Rs 8,000 crore in FY21

    In an update on the outcome of the board meeting held on July 10 about 'Capital Raising Plan for 2020-21', Canara Bank said the board has approved raising equity share capital amounting up to Rs 5,000 crore through various means.

  • Canara Bank, Bank of Maharashtra cut MCLR Jul 06, 2020 05:56 PM IST

    Canara Bank, Bank of Maharashtra cut MCLR

    Pune-headquartered Bank of Maharashtra (BoM) has reduced one-year MCLR to 7.50 percent from 7.70 percent.

  • Story in a chart: Golden Crossover suggests buying opportunity in Canara Bank Jun 27, 2020 04:08 PM IST

    Story in a chart: Golden Crossover suggests buying opportunity in Canara Bank

    The Golden Crossover setup is believed to be one of the most reliable tool & popular among traders community.

  • Reduce Canara Bank; target of Rs 108: Dolat Capital Jun 26, 2020 06:00 PM IST

    Reduce Canara Bank; target of Rs 108: Dolat Capital

    Dolat Capital recommended Reduce rating on Canara Bank with a target price of Rs 108 in its research report dated June 25, 2020.

  • Canara Bank share price falls 5% after reporting Q4 loss of Rs 3,259 crore Jun 25, 2020 10:53 AM IST

    Canara Bank share price falls 5% after reporting Q4 loss of Rs 3,259 crore

    Net interest income of Canara Bank declined 5.2 percent year-on-year to Rs 3,318.52 crore in Q4FY20.

  • Canara Bank Consolidated March 2020 Net Interest Income (NII) at Rs 3,519.29 crore, down  14.07% Y-o-Y Jun 25, 2020 09:15 AM IST

    Canara Bank Consolidated March 2020 Net Interest Income (NII) at Rs 3,519.29 crore, down 14.07% Y-o-Y

  • Canara Bank Standalone March 2020 Net Interest Income (NII) at Rs 3,318.52 crore, down  5.19% Y-o-Y Jun 25, 2020 09:15 AM IST

    Canara Bank Standalone March 2020 Net Interest Income (NII) at Rs 3,318.52 crore, down 5.19% Y-o-Y

  • Canara Bank posts Q4 loss at Rs 3,259 crore, pre-provision operating profit drops 31% Jun 24, 2020 05:44 PM IST

    Canara Bank posts Q4 loss at Rs 3,259 crore, pre-provision operating profit drops 31%

    Lower net interest income, pre-provision operating profit and elevated provisions affected the bank's performance.

  • Quant Pick - Canara Bank: ICICI Direct Jun 19, 2020 06:10 PM IST

    Quant Pick - Canara Bank: ICICI Direct

    According to ICICI Direct, The banking space has taken the lead in the recent up move of the market while stocks from consumption and technology have taken a back seat.

  • Gold loans are shining in the current crisis Jun 16, 2020 09:21 AM IST

    Gold loans are shining in the current crisis

    People are pledging their household gold to raise cash

  • Canara Bank announces credit support for borrowers affected by COVID-19 May 23, 2020 11:21 AM IST

    Canara Bank announces credit support for borrowers affected by COVID-19

    The Canara Credit Support is extended as a quick and hassle-free loan to overcome temporary liquidity mismatches for payment of statutory dues, salary/wages/electricity bill, rent etc., the bank said in a statement.

  • PSB merger: Insurance companies to see stake changes over next one year Apr 30, 2020 04:19 PM IST

    PSB merger: Insurance companies to see stake changes over next one year

    Merged PSU bank stakes in insurance companies have to be reduced to below 10 percent to avoid violation of rules. IRDAI laws say that one bank cannot be a promoter in multiple insurance companies.

  • Canara Bank slashes interest rates on loans/advances Apr 06, 2020 04:40 PM IST

    Canara Bank slashes interest rates on loans/advances

    The public sector lender has reduced interest rate by 35 basis points under one year tenor, 30 basis points under six months tenor, 20 basis points under three months tenor and 15 basis points under overnight and one month tenors.

  • Coronavirus pandemic | Canara Bank, IDBI Bank offer customers moratorium on term loans Mar 31, 2020 03:03 PM IST

    Coronavirus pandemic | Canara Bank, IDBI Bank offer customers moratorium on term loans

    The Reserve Bank of India (RBI) on March 27 said all financial institutions can provide a three-month deferment on payments of instalments for all term loans that were outstanding as on March 1

  • Canara Bank raises Rs 3,000 cr by Basel III bonds Mar 11, 2020 07:35 PM IST

    Canara Bank raises Rs 3,000 cr by Basel III bonds

    The unsecured rated listed subordinated non-convertible fully paid up taxable redeemable bonds bearing coupon of 7.18 percent were given to 20 allottees on March 11, 2020, the bank said.

  • Canara Bank MD, CEO R A Sankara Narayanan retires Feb 01, 2020 11:07 AM IST

    Canara Bank MD, CEO R A Sankara Narayanan retires

    "RA Sankara Narayanan, Managing Director & CEO of the Bank has retired from the services of the Bank on 31st January 2020, on his attaining the age of superannuation," Canara Bank said in a filing to BSE.

  • Canara Bank's net profit rises 3.8% to Rs 330cr in Q3 Jan 23, 2020 03:40 PM IST

    Canara Bank's net profit rises 3.8% to Rs 330cr in Q3

    Its total income stood at Rs 14,001.63 crore during the quarter ended December 2019, up from Rs 13,513.35 crore in the year-ago period, Canara Bank said in a stock exchange filing.

  • Sanjiv Chadha named MD and CEO of Bank of Baroda; Bank of India and Canara Bank get new top execs Jan 20, 2020 10:52 PM IST

    Sanjiv Chadha named MD and CEO of Bank of Baroda; Bank of India and Canara Bank get new top execs

    Chadha, who was the deputy managing director at SBI, will take step into the shoes of PS Jayakumar, whose term ended in October 2019.

  • Canara Bank calls off stake sale in Can Fin Homes Jan 14, 2020 05:23 PM IST

    Canara Bank calls off stake sale in Can Fin Homes

    The divestment process was under progress since September last year.

  • Sebi exempts govt from making open offer to Canara Bank's shareholders Nov 28, 2019 06:10 PM IST

    Sebi exempts govt from making open offer to Canara Bank's shareholders

    The central government has proposed to infuse capital worth Rs 6,571 crore in the lender against allotment of equity on preferential basis in favour of it.

  • Nifty & Nifty Bank hit record high: what should investors do now? Nov 26, 2019 11:33 AM IST

    Nifty & Nifty Bank hit record high: what should investors do now?

    After breaking out from the bullish cup and handle pattern by surpassing 11,700 resistance, the Nifty50 moved higher gradually. The upside target for Nifty is seen at 12,300 for the short-term.

  • Market Headstart: Nifty seen opening lower; PSU, telecom stocks eyed Nov 21, 2019 08:27 AM IST

    Market Headstart: Nifty seen opening lower; PSU, telecom stocks eyed

    Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 11 points loss at 12,001 levels

  • SBI, PNB, Canara Bank, Syndicate, BoI, CBI rally 3-9% after SC verdict on Essar Steel Nov 15, 2019 11:59 AM IST

    SBI, PNB, Canara Bank, Syndicate, BoI, CBI rally 3-9% after SC verdict on Essar Steel

    The Supreme Court said distribution of bid amount of Rs 42,000 crore will take place as per October 23 plan.

  • Banks Board Bureau recommends names for heading 3 state-owned banks Nov 13, 2019 02:47 PM IST

    Banks Board Bureau recommends names for heading 3 state-owned banks

    The selection was done by the BBB based on an interview held on November 12.

  • Canara Bank Q2 profit jumps 22% with loan growth at 4.8%, asset quality improves Nov 06, 2019 02:32 PM IST

    Canara Bank Q2 profit jumps 22% with loan growth at 4.8%, asset quality improves

    Asset quality of the bank improved a bit with gross non-performing assets (NPA) as a percentage of gross advances falling 9bps QoQ to 8.68 percent.

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