Page 21 - Canara Bank

Icra downgrades some debt instruments of Canara Bank over earnings profile

Canara Bank said ratings on its additional Tier-I bonds worth Rs 1,500 crore has been downgraded to 'AA-', with a stable outlook, from 'AA' with negative outlook

Karnam Sekar to take over as MD, CEO of Indian Overseas Bank from July 1

Murali Ramaswami, executive director at Vijay Bank, will move to Bank of Baroda

Canara Bank Q3 net up over two-fold to Rs 317.5 cr as NPA provisioning dips

Provisions and contingencies during the reported quarter stood at Rs 1,977.34 cr, as compared to Rs 2,673.64 cr in the same period of 2017-18

Canara Bank to sell stake in Small Industries Development Bank of India

Canara Bank has invited bids at a floor price of Rs 225 per share, according to the Request for the Proposal floated by the bank

PSBs' selection panel seeks application for the post of Canara Bank MD

The post of MD and CEO of Canara Bank is lying vacant since superannuation of Rakesh Sharma on July 31, 2018

Canara Bank sees improvement in bad loan ratios in coming quarters

A decent cash recovery from resolution of Essar Steel, Binani Cement, Odisha Slurry accounts to help the lender reduce its NPA levels

Canara Bank Q2 profit rises 16% to Rs 3 bn; net interest rate grows 18%

Global deposits improved by 11.18 per cent, while domestic deposits growth was higher at 15.95 per cent

Banks Board Bureau invites applications for post of MD, CEO of Canara Bank

The post of MD and CEO fell vacant at Canara Bank upon retirement of Rakesh Kumar Sharma on July 31, 2018

Canara Bank to hire social media agency for customer outreach and promotion

The bank is looking for a social media service provider who can assist in creating and managing a strong social media presence

Canara Bank to raise Rs 10 billion under employee stock purchase scheme

PNB, Allahabad Bank and United Bank have already announced plans under employee stock option schemes

Canara Bank sees credit growth at 14% this fiscal; plans to raise Rs 70 bn

N Sivasankaran, Chief Financial Officer of Canara Bank told Business Standard that the capital raising plan is primarily aimed at funding the credit growth

UK regulator slaps Rs 80 mn fine on London branch of Canara Bank

FCA in a notice said it had imposed a penalty of £896,100 on the bank and restricted it from accepting deposits from new customers for 147 days

Canara Bank posts Rs 48.6 bn Q4 loss as NPAs triple to Rs 87.6 bn

Gross bad loans as a percentage of total loans rose to 11.84% at end-March

Canara Bank to shut three branches in Leicester, Bahrain and Shanghai

Rakesh Sharma, bank's managing director and chief executive officer, told Business Standard that the board of directors had given a nod for overseas branch rationalisation plan

Canara Bank to raise Rs 4.5 billion via offloading stake in Canbank Factors

Canara Bank is contemplating a number of steps to augment its capital position

Canara Bank not to divest stake in Can Fin Homes due to low price quotation

Canara Bank has decided to call off divestment process of it entire stake in Canfin Homes Ltd

Canara Bank asset sale: New non-performing assets rules offset gains

Bank has to contend with additional slippages of Rs 20-25 billion

Canara Bank dips 5% on report of CBI filing charge sheet against ex-CMD

In past three months, the stock tanked 30% as compared to 2.3% decline in the S&P BSE Sensex.

CBI charge sheet against ex-Canara Bank CMD in Rs 680-mn loan default case

The agency has alleged that Guptas knew Dubey and used the connection in getting loans

Canara Bank, Bank of India, Andhra Bank hit 52-week lows

In past one month, most the PSU banks have underperformed the market by falling more than 10% against 1.4% decline in Nifty 50 index