Among other MCLRs from overnight to six-month tenors, the new rates will be in the range of 6.75-7.45 per cent.
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
IOB also likely to tap debt capital market, say sources, though quantum of fund-raising being planned isn't clear
Canara Bank is pushing this business in Eastern region and two metropolitan areas - Mumbai and Pune
Canara Bank is pushing this business in Eastern region and two metropolitan areas - Mumbai and Pune
This was done after FATF added UAE to the Grey List
Funds raised for first phase of greenfield plant, firm signs financing documents with SBI-led consortium
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
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
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
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 is planning to come up with its super-app next month which is yet to be named.
The bank will unveil its super app next month
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 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 Today: LIC IPO closes for subscription today; Campus Activewear to make its debut on the bourses on Monday.
Lender to raise up to Rs 9,000 cr in capital via AT1, tier-II bonds
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
The Bengaluru-based bank registered a 65 per cent jump in its Q4 standalone net profit
The reduction of stake is on account of issuance of fresh shares on preferential basis to the existing shareholders