Page 20 - Canara Bank

30 committees monitoring the Canara-Syndicate Bank merger process

After the merger, the combined entity will also see a higher number of chief general managers

Post-merger, turnover of Syndicate Bank and Canara Bank will be Rs 15 trn

Canara Bank Chairman T N Manoharan said his bank was having a business of Rs 10 trillion and the Syndicate Bank R.five trillion

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

Technical calls from HDFC Securities: Buy Canara Bank, Axis Bank

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.

Banks Board Bureau recommends BoB's Sanjiv Chadha for the post of MD & CEO

The bureau has also suggested the names of L V Prabhakar and Atanu Kumar Das for Canara Bank Bank of India chiefs, respectively

Canara Bank Q2 consolidated net up 14% at Rs 405 cr amid fall in bad loans

The bank had posted a net profit of Rs 356.55 crore during the corresponding July-September period of last fiscal ended March 31, 2019

Canara Bank Q2 consolidated net up 14% at Rs 405 cr amid fall in bad loans

The bank had posted a net profit of Rs 356.55 crore during the corresponding July-September period of last fiscal ended March 31, 2019

Canara Bank to issue shares to govt in lieu of Rs 6,571-cr capital infusion

The shareholding of the government in the bank will go up to 78.52% after the issue, from 70.62% currently.

Nifty outlook and top trading ideas by CapitalVia: Buy Canara Bank, BoB

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Can Fin Homes surges 4% as Canara Bank invites bids for stake sale

Bids have been invited through merchant bankers for sale of 3,99,30,365 equity shares of the face value of Rs 2 each, constituting 29.99 per cent, Canara Bank said on Friday.

Moody's upgrades PNB's outlook to 'positive' from 'stable'

It also affirmed the local and foreign currency deposit ratings of Canara Bank, OBC, Syndicate Bank and Union Bank at Baa3/P-3

Canara Bank board to meet next week over Rs 9,000-cr capital infusion

The board will also consider amalgamation of Syndicate Bank with Canara Bank

Branch rationalisation to HR challenge: Brokerage view on PSB consolidation

Unlike private banks, most PSBs, analysts say, do not have clear specialisations and end up competing against each other

Government creates banking behemoths to boost India's flagging economy

News of the mergers comes minutes before official data is expected to confirm a fifth-straight quarter of slowing economic growth

Amalgamating 10 govt banks into 4 entities in mega consolidation move: FM

After today's mergers, the count of government-owned banks will come down to 12 from 27 in 2017

Public sector banks merger: Modi govt to announce big bang plan soon

Finance ministry has called a meeting with chief executives of ten public sector banks on Friday

Canara Bank cuts lending rates by 10 basis points across all tenors

With this revision, Canara Bank has cumulatively reduced its MCLR by 20 bps during the last six months and thus, one-year MCLR has come down to 8.50 per cent per annum from 8.70 per cent earlier

Canara Bank Q1 net rises 17% to Rs 329 crore on bad loan reduction

The bank had registered a net profit of Rs 281.49 crore in the April-June period of 2018-19

Canara Bank back in black in FY19 with Rs 347-crore net profit

During Q4, the lender clawed back close to Rs 2,000 crore of tax expenses.

Canara Bank Q4 net loss narrows to Rs 551 cr as bad loans lower

Total income of the bank during the March quarter rose to Rs 14,000.43 crore, compared to Rs 11,555.11 crore in the year-ago period,