Page 14 - Canara Bank

Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks

Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at

SBI, Canara, Bank of Baroda plan to raise Rs 7,500 crore through AT-1 bonds

IOB also likely to tap debt capital market, say sources, though quantum of fund-raising being planned isn't clear

Canara Bank crosses Rs 1 trn mark for outstanding gold loan book in June

Canara Bank is pushing this business in Eastern region and two metropolitan areas - Mumbai and Pune

Canara Bank crosses Rs 1 trn mark for outstanding gold loan book in June

Canara Bank is pushing this business in Eastern region and two metropolitan areas - Mumbai and Pune

Canara Robeco MF halts inflows from UAE investors after nation's scrutiny

This was done after FATF added UAE to the Grey List

Adani group firm Kutch Copper raises Rs 6,071 cr for one mn tonne unit

Funds raised for first phase of greenfield plant, firm signs financing documents with SBI-led consortium

Canara Bank aims to improve bottom line further with focus on lending biz

Recording over two-fold jump in its net profit, Canara Bank aims to improve its bottom line further with balanced focus on advances to retail businesses, coupled with greater focus on digitisation

6 Indian banks sue GVK Coal Developers in London for $1.5 bn loan default

The banks have sued GVK Group-owned GVK Coal Developers over a dispute on a $1-billion loan and $35-million letter of credit facility and a $160-million loan

Canara Bank, Karur Vysya raise lending rates ahead of RBI's MPC review

State-owned Canara Bank has raised the marginal cost of funds based lending rate (MCLR) by 0.05 per cent of 5 basis points to 7.40 per cent for one year tenure

Canara Bank eyes 8-10% loan growth; rise in corporate credit this fiscal

State-owned Canara Bank is expecting an 8-10 per cent growth in advances as well as a healthy double-digit rise in corporate loan portfolio in the current financial year,

Canara Bank to invest Rs 1,000 cr for building digital banking backbone

Canara Bank is planning to come up with its super-app next month which is yet to be named.

Canara Bank to invest Rs 1,000 crore to build digital banking backbone

The bank will unveil its super app next month

Canara Bank probes fraud in unit after whistleblower complaint: Report

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housing Bank, said there were irregularities at one of the branches

HDFC Bank, Canara Bank, Indian Overseas Bank others raise lending rates

HDFC Bank hiked marginal cost of funds based lending rate (MCLR) by 25 bps across all tenures up to 7.7 per cent, effective May 7

Stocks to Watch: Reliance, Tata Power, ONGC, Canara Bank, LTI, Mindtree

Stocks to Watch Today: LIC IPO closes for subscription today; Campus Activewear to make its debut on the bourses on Monday.

Canara Bank Q4 net up 65% to Rs 1,666 cr on better net interest margins

Lender to raise up to Rs 9,000 cr in capital via AT1, tier-II bonds

Sensex sheds 867pts, Nifty 272pts; IT, financials crack; ITC bucks trend

The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.

Canara Bank standalone net profit jumps 65% in Q4 to reach Rs 1,666 crore

The Bengaluru-based bank registered a 65 per cent jump in its Q4 standalone net profit

IDRCL: Stakes of Canara Bank, SBI, PNB and Union Bank reduced to 5% each

The reduction of stake is on account of issuance of fresh shares on preferential basis to the existing shareholders

Canara Bank pares its stake in debt resolution firm IDRCL to 5%

Public sector lender Canara Bank on Thursday said it has reduced its stake in India Debt Resolution Company Ltd (IDRCL) to 5 per cent. The bad bank or the National Asset Reconstruction Company Ltd (NARCL) will acquire bad loans from banks to help clean up their books, while the IDRCL will handle the debt resolution process of these loans. With the current round of preferential allotment by IDRCL, equity stake of Canara Bank has now reduced to 5 per cent from previous holding of 14.90 per cent, the bank said in a regulatory filing. Public sector banks will hold 51 per cent stake in NARCL and 49 per cent in the debt management company IDRCL. Indian Banks' Association (IBA) was entrusted with the task of setting up the bad bank. Last month, the IBA moved an application before the Reserve Bank of India for a licence to set up the Rs 6,000-crore NARCL.