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Canara Bank News
Canara Bank – Banker’s Bank of the Year Award 2022
Fri, Dec 02, 2022
The Bankers’ Bank of the year awards are just like Oscar awards for the banking sector. Through this prestigious award, the Canara Bank has been adjudged as the Best Bank in India for 2022.
Canara Bank ushered in a new dawn of digital banking on its 117th Founder’s day
Wed, Nov 23, 2022
Canara Bank ushered in a new dawn of digital banking on its 117th Founder’s day, with issuance of an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
PSU Bank stocks in focus: These 3 state-owned banks from mid-cap section gain most in October – analysts cite reasons behind rally?
Wed, Nov 09, 2022
Shares of these three public sector lenders have reported stellar growth in terms of both month-on-month (MoM) and year-to-date (YTD) in October, according to a report released by Motilal Oswal.
Canara Bank offers 7.5% on this FD | Check list of banks offering over 7% interest rate on fixed deposits | Latest interest rate of banks
Wed, Nov 02, 2022
List of banks offering over 7% interest rate on fixed deposits: Unlike many market-driven investment options available today, a fixed deposit is considered as a safe option by many people as it will yield you assured returns with a flexible liquidation option.
Rakesh Jhunjhunwala portfolio: PSU bank stakes trimmed by 0.5% – know Q2 expectations, technical view
Tue, Oct 18, 2022
Rakesh Jhunjhunwala, who was also known as the Big Bull of the Indian stock market, entered in the PSU bank stock in September 2021 quarter by picking about 1.6 per cent stakes in the bank.
Housing loan provider Can Fin Homes mulls raising up to Rs 4,000 crore debt capital
Thu, Oct 06, 2022
The company said it will raise the funds in one or more tranches for a period up to the date of the annual general meeting of the current fiscal year.
When SBI misread Kannada numeral on cheque - Here is what happened next
Thu, Sep 08, 2022
The SBI branch in Haliyal wrongly identified the Kannada numeral nine as six and, therefore, dishonoured the cheque. The numeral nine indicated the month of September, but the bank read it as June.
Canara Bank hikes interest rate by up to 0.15% - EMIs set to go up
Tue, Sep 06, 2022
The benchmark one-year MCLR will be 7.75 per cent against the existing rate of 7.65 per cent.
Canara Bank to raise up to Rs 2,000 crore via Basel-III Tier-II bonds
Tue, Aug 23, 2022
Canara Bank: The bidding for the bonds will take place on August 25 between 11 a.m. and 12 p.m. on the BSE's bidding platform.
Rakesh Jhunjhunwala stock: This public sector bank can yield 34% return - check target price
Tue, Jul 26, 2022
Canara Bank reported a steady operating performance supported by healthy loan growth and improvement in asset quality while NII growth was soft as margin contracted 15 basis points sequentially, Motilal Oswal said in its review report.
Q1 Results FY2023: Canara Bank, Jindal Stainless, Macrotech Developers, Century Textiles declare June quarter results - highlights
Mon, Jul 25, 2022
Canara Bank Q1 results FY2023: State-owned Canara Bank reported a 72 per cent rise in its standalone profit after tax at Rs 2,022 crore in the April-June quarter of FY23, helped by healthy credit growth and interest income
Canara Bank Q1 result: Over 70% jump in net profit; stock slides more than 2%
Mon, Jul 25, 2022
The core income from interest generation increased 8.3 percent to Rs 18,176.64 crore during the quarter.
Canara Bank has raised Rs 2,000 crore by issuing Basel
Tue, Jul 19, 2022
The state-owned lender said it issued 2,000 bonds to 21 allottees on July 19, 2022
Canara Bank raises MCLR by 10 basis points
Wed, Jul 06, 2022
Canara Bank has raised the marginal cost of funds based lending rate by 10 basis points across tenors with effect from Thursday
Canara Bank aims to improve bottom line further with balanced focus on retail, business lending
Mon, Jun 20, 2022
As per bank's strategy, the government business vertical will act as the nodal vertical for liaisoning with government departments. Including focus on opening of Single Nodal Agency (SNA) & Central Nodal Agency (CNA) accounts.
Canara Bank MCLR lending rates by 5 bps to 7.4%; Karur Vysya raises BPLR lending rates by 40 bps to 13.75%
Mon, Jun 06, 2022
Canara Bank and Karur Vysya Bank on Monday said they have revised their lending rates leading to an increase in EMIs linked to the respective benchmarks
Sector Spotlight: PSU banks poised for upside; stocks to buy are SBI, Bank of Baroda, Canara Bank, says this analyst
Wed, Jun 01, 2022
Stock to Buy: SBI share is an index heavyweight and will lead the rally for the Nifty PSU bank of index, analyst Nilesh Jain opines. Buying at current levels is recommended. The stock hit a life time high of Rs 549 on the NSE and has corrected significantly from those levels
Rakesh Jhunjhunwala Stock: Notwithstanding robust Q4 results, Canara Bank shares close 8% lower on Monday; know reasons here!
Tue, May 10, 2022
Rakesh Jhunjhunwala Portfolio: The company on Friday reported 65 per cent year-on-year growth in profit and its asset quality has also improved during the March quarter results..
Q4 Results FY22: Federal Bank net jumps 13%, Canara Bank PAT rise 65% for March quarter; stocks bear brunt of market fall
Fri, May 06, 2022
Canara Bank and Federal Bank today announced their March quarter results with the former posting a robust 65 per cent jump in its net profit while the latter posted a 13 percent rise in its Profit After Tax (PAT).
Canara Bank’s Board Meeting Scheduled on 6th May 2022
Mon, Apr 25, 2022
Canara Bank’s Board Meeting Scheduled on 6th May 2022 for Financial Results and proposal for Declaration of Dividend for the FY 2021-22