Canara Bank raises Rs 3,000 cr via AT1 bonds
Aug 28, 2024, at 06:30 am
Mumbai: Canara Bank raised Rs 3,000 crore at a coupon rate of 8.27%, lower than the market expectations of 8.30–8.35%, NDTV profit reported citing sources.
After UCO Bank, Bank of Baroda and Canara Bank to hike interest rates from Monday
Aug 10, 2024, at 11:28 pm
New Delhi/IBNS: Leading Indian public-sector banks such as UCO Bank, Canara Bank and Bank of Baroda have increased their Marginal Cost of Funds-based Lending Rates (MCLR) in different tenures which will result in higher costs for consumer loans, reports said.
Canara Bank Q1FY25: Profit grows 11% YoY to Rs 3,905 cr; NII grows 6%
Jul 26, 2024, at 07:22 am
Bengaluru: State-run lender Canara Bank Thursday reported a 10.5 percent YoY growth in net profit at Rs 3,905.28 crore in the Q1FY25, compared to Rs 3,535 crore in the same period last year.
Canara Bank to dilute 14.50% stake in Canara HSBC Life Insurance Company via IPO
Jun 01, 2024, at 05:28 am
Mumbai: Public sector lender Canara Bank has approved a proposal to dilute a 14.50 percent stake in its insurance subsidiary, Canara HSBC Life Insurance Company, via an initial public offering (IPO), the bank announced on the exchanges on May 31.
May 08, 2024, at 10:16 pm
Mumbai: Canara Bank reported a robust performance for the March quarter, with standalone net profit increasing by 18.33% year-on-year to Rs 3,757.23 crore, compared to Rs 3,174.74 crore in the same quarter last year.
Canara Bank Q3FY24: Net profit grows 27% to Rs 3,656 cr; NII stands at Rs 9,417 cr
Jan 25, 2024, at 06:58 pm
Bengaluru: State-owned lender Canara Bank announced a net profit of Rs 3,656 crore for the October-December quarter of the fiscal year 2023-24, an increase of 26.87 percent compared to the Rs 2,881.52 crore reported in the corresponding period of the previous year.
Canara Bank unveils Data and Analytics Centre in Bengaluru
Jan 03, 2024, at 06:14 am
Public sector lender Canara Bank has opened its new Data and Analytics Centre (DnA) in Bengaluru city.
Canara Bank launches UPI Interoperable Digital Rupee Mobile Application
Aug 22, 2023, at 01:20 am
Canara Bank launches, UPI Interoperable Digital Rupee mobile application as a part of the Reserve Bank of India's Central Bank Digital Currency (CBDC) pilot project.
Canara Bank has rolled out the Mahila Samman Savings Certificate, 2023 Scheme
Jul 07, 2023, at 04:35 pm
Kolkata: Canara Bank has successfully implemented the Mahila Samman Savings Certificate, 2023 scheme across India, which provides secured investment option by a women for herself or by the guardian on behalf of a minor girl.
Canara Bank handed over Dividend for FY 2022-23
Jul 05, 2023, at 07:19 pm
Kolkata: Canara Bank MD&CEO Satyanarayana Raju handed over a dividend cheque of Rs.1370 Croreto Union Finance Minister Nirmala Sitharaman.
Mar 31, 2023, at 11:11 pm
Kolkata: Last year, the Reserve Bank of India, permitted cross-border inbound Bill Payments to be received under the rupee drawing arrangement (RDA) through the Bharat Bill Payment System (BBPS).
K Satyanarayana Raju appointed as New MD , CEO of Canara Bank
Feb 07, 2023, at 11:17 pm
Mumbai : The Government on Tuesday announced the appointment of K Satyanarayana Raju as Managing Director and CEO of Canara Bank.
Canara Bank Q3 net profit moves up 92 pc
Jan 23, 2023, at 10:14 pm
New Delhi: Canara Bank on Monday said that it has posted a 91.88 percent year-on-year growth in its net profit at Rs 2882 crore for the quarter ended December 31, 2022.
Canara Bank's Q2FY23 net profit soars 89 pc YoY to Rs 2,525 cr; NII surges 18.5 pc
Oct 21, 2022, at 06:21 am
Public sector lender Canara Bank Thursday reported a net profit of Rs 2,525 crore in Q2FY23, up 89.42 percent against Rs 1,333 crore in the same quarter last fiscal.
Sep 17, 2022, at 07:32 am
Mumbai: Public sector lender Canara Bank was Friday awarded the 3rd rank under the prestigious EASE Reforms Index Award 2022 (EASE 4.0 Awards).
Canara Bank Q1FY23 net profit jumps 71.79 pc y-o-y to Rs 1177 cr
Jul 26, 2022, at 12:57 am
Kolkata: State-owned lender Canara Bank on Monday reported a net profit of Rs 2022 crore in the Q1FY23, up 71.79 percent year-on-year (y-oy) compared to Rs 1177 crore in the same quarter in FY22.
Canara Bank revises interest rate for Saving Bank deposits above Rs 1000 cr
Mar 02, 2022, at 11:14 pm
Kochi: Canara Bank, a leading Public Sector Bank, has revised the rates of interest and introduced additional slab for Rs 1,000 crore and above for Saving Bank (SB) deposits with higher rates of interest, with effect from March 1, 2022.
Canara Bank Q3 consolidated net profit moves up to Rs 739.20 cr
Jan 27, 2021, at 09:32 pm
Mumbai/UNI: Public sector lender, Canara Bank has reported a rise 81.88 per cent in its consolidated net profit for the quarter ended December 31, 2020 at Rs.739.20 crore as against net profit of Rs 406.43 crore for the quarter ended December 31, 2019.
Canara Bank retains Interest rates on loans/advances with effect from Oct 7
Oct 06, 2020, at 11:14 pm
Bengaluru/UNI: Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from October 7, 2020.
Canara Bank launches 'Corona Kavach' Insurance Policy
Aug 01, 2020, at 10:34 pm
Thiruvananthapuram/UNI: Canara Bank has launched a short-term COVID specific health insurance plan 'Corona Kavach', that will cover hospitalisation expenses related to the treatment of COVID-19.
Canara Bank extends its support to customers
Mar 26, 2020, at 01:53 pm
Kolkata/IBNS: Canara Bank, as a socially responsible organisation is always at the forefront to extend its support to its customers. In the wake of Covid-19 crisis, Customers are advised to stay safe and connect to the Bank through various digital modes.
GeM partners with Indian Bank and Canara Bank for payment related services
Nov 01, 2019, at 10:26 pm
New Delhi/IBNS: Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank.
Canara Bank to raise Rs 6,000 crore via equity share capital
Jun 19, 2019, at 05:50 pm
Mumbai, Jun 19 (UNI) Public sector lender Canara Bank has said that it would raise Equity Share Capital amounting upto Rs 6,000 crore by approved means during current financial year.
Canara Bank, The New India Assurance enter into Corporate Agency Arrangement
Jun 10, 2017, at 01:02 am
Bangalore, June 8 (IBNS): Canara Bank, a public sector bank and The New India Assurance Co. Ltd, a general insurance company, on Friday signed corporate agency agreement for the distribution of The New India Assurance Co.’s general insurance products through Canara Bank’s extensive network of 6000+ branches across the country.