Page 17 - Canara Bank

Top headlines: TaMo sees surprise Q4 loss; Canara Bank posts profit in Q4

Business Standard brings you the top headlines this evening

Canara Bank reports Q4 profit at Rs 1,011 crore on lower provisioning

The bank had posted a net loss of Rs 3,259.33 crore during the corresponding January-March 2020 quarter

SBI, Equitas SFB: How to trade bank stocks post latest RBI announcements

The RBI has announced a few steps to encourage small finance banks (SFBs) to increase the credit flow to small borrowers

Winners' curse: Top bosses at PSBs see their term ending much before time

Govt has appointed 14 EDs at public-sector banks; their performance will be reviewed after three years for a two-year extension

PSBs extend gain on privatisation hope; Indian Bank surges 37% in 4 days

In past four trading days, Nifty PSU Bank index has rallied 18 per cent as compared to a 9 per cent gain in the benchmark Nifty50

Canara Bank raises Rs 120 cr by issuing Basel III compliant bonds

State-owned Canara Bank on Tuesday said it has raised Rs 120 crore by issuing Basel III compliant bonds

Canara Bank Q3 net down 9% to Rs 696 cr due to higher provisioning

Gross NPAs drop 236 bps to 7.46%, net NPAs down 298 bps to 2.64%

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

Canara Bank raises Rs 1,635 crore through additional tier-I bonds

State-owned Canara Bank on Thursday said it has raised Rs 1,635 crore through issuance of additional tier-I bonds.

CBI registers cases filed by Canara Bank, SBI over Rs 8,000 cr fraud

The two cases were filed separately and involved private firms in Hyderabad and Chennai

Canara Bank raises Rs 2,000 cr via QIP; LIC emerges as largest investor

State-owned Canara Bank on Friday said it has successfully raised Rs 2,000 crore equity capital by issuing over 19 crore shares to eligible investors. LIC emerged as the largest investor in the bank's qualified institutional placement (QIP) issue. The subcommittee of the board at its meeting held today (December 11, 2020), approved allotment of 19,32,36,714 equity shares to eligible qualified institutional buyers (QIBs) at an issue price of Rs 103.50 per equity share, aggregating up to Rs 2,000 crore, Canara Bank said in a regulatory filing. The QIP had opened on December 7 and closed on December 10. Among the allottees - who were allotted more than 5 per cent of the total equity shares offered in the issue - include Life Insurance Corporation (25 per cent), BNP Paribas Arbitrage (9.11 per cent), Nippon Life India Trustee Ltd (8.81 per cent), Societe Generale (7.91 per cent) and Kuber India Fund (6.16 per cent). "Pursuant to the allotment of equity shares in the QIP, the paid-up .

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

State-run Canara Bank on Thursday said it has approved the issue price at Rs 103.50 per share for its qualified institutional placement (QIP) to raise Rs 2,000 crore

SBI, PNB, Canara Bank: PSU bank stocks to see more upside, show charts

For SBI, the immediate closing basis support stays at Rs 260 levels.

Canara Bank surges 7% as Rs 2,000 crore QIP opens for subscription

The board has approved the floor price for the QIP at Rs 103.50 per equity share.

CBI books Unitech MD, family in Canara bank fraud; carries out searches

The Canara Bank has alleged that the company had been availing credit facilities from it on the basis of personal and corporate guarantees from Chandras

CARE Ratings revises LVB's ratings from 'BB- ' to 'BB-' under credit watch

The development comes after the government imposed a moratorium on LVB after considering an application filed by the RBI

PSBs: Sustaining Q2 momentum for a year key to regaining lost faith

Q2 results suggest a trend of easing asset quality issues and the weight of merger behind them

Canara Bank cuts MCLRs by 0.05-0.15 pc for various tenors from Nov 7

The one-year MCLR -- the benchmark for most of the consumer loans -- has been reduced by 0.05 per cent to 7.35 per cent from 7.40 per cent currently, Canara Bank said in a regulatory filing

MARKET WRAP: Sensex ends choppy session 136 pts lower; Nifty ends at 11,642

Catch all the live market updates here.

Canara Bank posts 28% fall in net profit at Rs 444 crore for Sept quarter

On a proforma basis, the bank had posted a net profit of Rs 616 crore in second quarter ended September 2019