Showing results for "#Canara Bank"
Valuations of PSU banks turning less attractive, says brokerage
Profitability has been further boosted by provision reversals and revenue recovery from bad loan resolutions. While these recoveries will likely hold...
Reliance Power offers ₹1200 cr to settle debt of VIPL power project
Reliance Power has offered to pay Rs 1,200 crore in upfront cash to the lenders of VIPL which include Axis Bank, SBI, Bank of Baroda, PNB, Canara...
RBI imposes Rs 2.92 cr penalty on Canara Bank
The public sector lender, the RBI said, opened several savings deposit accounts in the name of ineligible entities, registered dummy mobile numbers in...
Canara Bank to seek shareholders' nod for raising Rs 5,000 cr
In its annual report for the year 2019-20, the bank said that the current equity capital of the bank is Rs 1,030.23 crore and the Capital Adequacy...
Canara Bank to raise up to Rs 8,000 cr via equities, bonds
Canara Bank on Friday said that its Board of Directors has approved raising of up to Rs 5,000 crore of equity share capital and up to Rs 3,000 crore...
Canara Bank announces credit support for borrowers affected by...
Canara Bank has announced credit support for all its borrowers who have been affected by the COVID-19.
Canara Bank launches special gold loan business vertical
Canara Bank on Monday said that it has launched a special business vertical dedicated for gold loans.
Canara Bank slashes interest rates on loans upto 35 bps
Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans and Advances across all tenors with effect from April, for the...