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  • SBI, Axis, IDBI Bank revise charges from today: Check now Jul 01, 2021 01:05 PM IST

    SBI, Axis, IDBI Bank revise charges from today: Check now

    Account-holders of various private banks like Axis and IDBI bank, along with public sector banks like Canara Bank, Bank of Baroda, Syndicate Bank, and SBI, one of India’s largest lenders will be impacted

  • Canara Bank to be lead sponsor of bad bank, to pick up 12% stake Jun 15, 2021 08:54 PM IST

    Canara Bank to be lead sponsor of bad bank, to pick up 12% stake

    Following the board nod, Canara Bank said, the bank has sought the approval from the Reserve Bank of India for participating in NARCL as sponsor contributing 12 per cent stake.

  • IFSC codes of erstwhile Syndicate Bank branches will change from July 1: Canara Bank Jun 11, 2021 02:46 PM IST

    IFSC codes of erstwhile Syndicate Bank branches will change from July 1: Canara Bank

    Canara Bank also announced the discontinuation of the current swift code being used by the erstwhile Syndicate Bank customers for foreign exchange transactions.

  • Canara Bank to raise Rs 9,000 crore by way of equity and debt instruments May 28, 2021 03:51 PM IST

    Canara Bank to raise Rs 9,000 crore by way of equity and debt instruments

    The Board has approved the capital raising plan of the bank for the Financial Year 2021-22 amounting up to Rs 9,000 crore by way of equity and debt instruments.

  • Canara Bank announces 3 loan schemes amid fight against COVID-19 May 28, 2021 12:34 PM IST

    Canara Bank announces 3 loan schemes amid fight against COVID-19

    The Canara Chikitsa healthcare credit facility will offer loans from over Rs 10 lakh to Rs 50 crore to registered hospitals, nursing homes, medical practitioners, diagnostic centres, pathology labs and all other units engaged in the servicing healthcare infrastructure.

  • Rakesh Jhunjhunwala lists SBI & Canara Bank as top picks in PSU banking space May 27, 2021 09:58 AM IST

    Rakesh Jhunjhunwala lists SBI & Canara Bank as top picks in PSU banking space

    Both Canara Bank and SBI reported strong earnings for the March 2021 quarter.

  • Canara Bank board meeting on May 28 to consider capital raise for current fiscal May 24, 2021 03:01 PM IST

    Canara Bank board meeting on May 28 to consider capital raise for current fiscal

    However, the bank has not mentioned how much amount it plans to raise during 2021-22.

  • Canara Bank Standalone March 2021 Net Interest Income (NII) at Rs 5,589.21 crore, up  68.42% Y-o-Y May 20, 2021 09:11 AM IST

    Canara Bank Standalone March 2021 Net Interest Income (NII) at Rs 5,589.21 crore, up 68.42% Y-o-Y

  • Canara Bank Consolidated March 2021 Net Interest Income (NII) at Rs 5,851.63 crore, up  66.27% Y-o-Y May 20, 2021 09:00 AM IST

    Canara Bank Consolidated March 2021 Net Interest Income (NII) at Rs 5,851.63 crore, up 66.27% Y-o-Y

  • Canara Bank Q4 profit rises to Rs 1,011 crore, NII surges 68.4% May 18, 2021 04:17 PM IST

    Canara Bank Q4 profit rises to Rs 1,011 crore, NII surges 68.4%

    Net interest income, the difference between interest earned and interest expended, surged 68.4 percent year-on-year to Rs 5,589.2 crore in Q4 FY21, missing analysts' estimates.

  • Canara Bank to auction 2,000 borrower properties this week Mar 24, 2021 09:05 PM IST

    Canara Bank to auction 2,000 borrower properties this week

    The properties being put up for auction are spread across cities, including Delhi, Mumbai, Kolkata, Bengaluru and Chennai, and also other semi-urban pockets, the statement said.

  • Banking services may get affected later this month due to proposed strike: Canara Bank Mar 04, 2021 11:29 AM IST

    Banking services may get affected later this month due to proposed strike: Canara Bank

    "We have been informed by the Indian Banks’ Association (IBA) that the United Forum of Bank Unions (UFBU) has given a call for strike in the banking industry on March 15 and March 16, for issues relating to industry level and not for any bank level issues,” Canara Bank said in a regulatory filing.

  • Canara Bank revises fixed deposit interest rates effective February 8; Check latest rates Feb 08, 2021 10:38 AM IST

    Canara Bank revises fixed deposit interest rates effective February 8; Check latest rates

    Canara Bank will offer a 2.95 percent interest rate for term deposits with a maturity period 7-45 days. The bank will give 3.9, 4 and 4.45 percent for FDs with maturity period 46-90 days, 91 days to 179 days and 180 days respectively to less than 1 year after the revision.

  • Canara Bank stock price slips after Q3 profit falls 9% YoY to Rs 696 crore Jan 28, 2021 10:31 AM IST

    Canara Bank stock price slips after Q3 profit falls 9% YoY to Rs 696 crore

    The public sector lender reported a 9 percent YoY decline in net profit to Rs 696 crore in the December quarter, with a 61 percent jump in provisions to Rs 4,686 crore taking a hit on the bottom line.

  • Canara Bank Q3 standalone net profit falls 9% to Rs 696 crore Jan 27, 2021 11:27 PM IST

    Canara Bank Q3 standalone net profit falls 9% to Rs 696 crore

    The bank amalgamated Syndicate Bank with itself effective April 1, 2020. The financials as of December 2019, March, June and September 2020 are combined figures of both banks.

  • Canara Bank Consolidated December 2020 Net Interest Income (NII) at Rs 6,323.58 crore, up  71.31% Y-o-Y Jan 27, 2021 07:11 PM IST

    Canara Bank Consolidated December 2020 Net Interest Income (NII) at Rs 6,323.58 crore, up 71.31% Y-o-Y

  • Canara Bank Standalone December 2020 Net Interest Income (NII) at Rs 6,080.88 crore, up  77.03% Y-o-Y Jan 27, 2021 07:11 PM IST

    Canara Bank Standalone December 2020 Net Interest Income (NII) at Rs 6,080.88 crore, up 77.03% Y-o-Y

  • Can Fin Homes Q3 net profit up 24% at Rs 132 crore Jan 25, 2021 09:40 PM IST

    Can Fin Homes Q3 net profit up 24% at Rs 132 crore

    Total income during the October-December period of 2020-21, however, fell to Rs 502.76 crore as against Rs 516.79 crore in the same period of 2019-20

  • Canara Bank Q3 Net Profit may dip 75.9% YoY to Rs. 184.2 cr: Emkay Jan 20, 2021 06:44 PM IST

    Canara Bank Q3 Net Profit may dip 75.9% YoY to Rs. 184.2 cr: Emkay

    Net Interest Income (NII) is expected to increase by 15.3 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 6,116.5 crore, according to Emkay.

  • Canara Bank raises Rs 1,635 cr through AT-1 bonds Jan 01, 2021 08:22 AM IST

    Canara Bank raises Rs 1,635 cr through AT-1 bonds

    As at September-end 2020, the bank's capital to risk-weighted assets ratio (CRAR) stood at 12.77 per cent. Out of this, tier-I was 9.54 per cent and tier-II was 3.23 per cent.

  • Hyderabad-based infra firm IVRCL booked for alleged bank fraud of Rs 4,837 crore, CBI raids premises Dec 30, 2020 10:52 PM IST

    Hyderabad-based infra firm IVRCL booked for alleged bank fraud of Rs 4,837 crore, CBI raids premises

    The central probing agency had earlier booked IVRCL and its directors on a complaint from the State Bank of India and raided their premises for an alleged fraud worth over Rs 4,800 crore against a consortium of banks.

  • Canara Bank exposure to Transstroy consortium lending at Rs 678 crore Dec 19, 2020 06:18 PM IST

    Canara Bank exposure to Transstroy consortium lending at Rs 678 crore

    In a clarification, Canara Bank said the bank's exposure to the Transstroy India is of Rs 678.28 crore contrary to news claiming it to be an alleged fraud of Rs 7,926 crore.

  • CBI detects two new bank frauds worth Rs 8,239.79 crore; firms in Hyderabad, Chennai booked Dec 18, 2020 11:30 PM IST

    CBI detects two new bank frauds worth Rs 8,239.79 crore; firms in Hyderabad, Chennai booked

    While Canara Bank filed a complaint of fraud to the tune of Rs 7,926 crore against Hyderabad-based Transstroy (India) Ltd, State Bank of India has filed a complaint of fraud of Rs 313.79 crore against Chennai-based Agnite Education Ltd.

  • Canara Bank sets issue price for Rs 2,000 crore QIP at Rs 103.50 a share Dec 10, 2020 10:49 PM IST

    Canara Bank sets issue price for Rs 2,000 crore QIP at Rs 103.50 a share

    The sub-committee approved the "issue price at the floor price of Rs 103.50 per equity share…for an aggregate value of Rs 2,000 crore to be allotted to eligible qualified institutional buyers in the QIP", the bank said.

  • Canara Bank shares jump 6% on plans to raise Rs 2,000 crore via QIP Dec 08, 2020 10:15 AM IST

    Canara Bank shares jump 6% on plans to raise Rs 2,000 crore via QIP

    The sub-committee of the board — Capital Planning Process of the bank, at its meeting held on December 7, authorised the opening of the QIP issue and approved the floor price of Rs 103.50 per equity share, Canara Bank said in a regulatory filing.

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