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Latest Articles in canara bank

Canara Bank Raises Rs 2,500 Cr Through Basel-III Compliant Bonds

The bank has successfully raised Basel-III compliant tier-II series I bonds, Canara Bank said in a regulatory filing.

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Canara Bank Raises Rs 1,500 Crore Via Basel-III Compliant Bond

To comply with Basel-III capital regulations, banks globally need to improve and strengthen their capital planning processes.

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Canara Bank's Net Profit Almost Triples To Rs 1,333 Crore In Jul-Sep

The bank had posted net profit of Rs 444.41 crore in the same period of the previous fiscal year.

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Canara Bank Raises Rs 2,500 Cr Through QIP

The QIP was fully subscribed and saw a strong response from foreign as well as from domestic qualified institutional buyers (QIBs), the bank said in a statement.

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Canara Bank Allots Over 16.73 Cr Shares In Rs 2,500 Cr QIP

The sub-committee of the board, capital planning process of the board of directors of the bank, at its meeting held on August 24, 2021, approved the allotment of 16,73,92,032 equity shares to eligible qualified institutional buyers at an issue price of Rs 149.35 per equity share, aggregating up to Rs 2,500 crore

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Honda Cars Ties Up With Canara Bank To Offer Finance Options To Customers

The partnership facilitates HCIL customers to avail easy financing options and hassle free car loans from Canara Bank for purchase of models like Amaze, City, Jazz and WR-V

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Canara Bank Q1 Profit Rises Nearly Three-Fold To Rs 1,177 Cr

The bank's gross non-performing assets (NPAs) declined slightly at 8.50 per cent of the gross advances as on June 30, 2021 as against 8.84 per cent at June-end last year.

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Canara Bank To Be Lead Sponsor Of Bad Bank, To Pick Up 12% Stake

Finance Minister Nirmala Sitharaman in Budget 2021-22 announced that the high level of provisioning by public sector banks of their stressed assets calls for measures to clean up the bank books.

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Canara Bank Appoints S K Majumdar As Chief Financial Officer

Majumdar, 52, is a chartered accountant and cost accountant by qualification. He has over 21 years' experience in banking in various capacities and departments.

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Canara Bank To Raise Capital Amounting Up To Rs 9,000 Crore In 2021-22

The Board gave its nod to raise equity share capital amounting up to Rs 2,500 crore (including premium) by way of Qualified Institutional Placement (QIP) during the financial year out of the Rs 9,000 crore

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Bank Loan Fraud: ED Attaches Rs 166-Cr Worth Assets Of Maha Company

The firm is accused of 'discounting Letters of Credit or LC (issued by banks) on the basis of forged bills' and the total value of the attached properties is Rs 166 crore.

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Canara Bank Board Meeting On Friday To Consider Capital Raise For Current Fiscal

Canara Bank stock traded at Rs 155.70 apiece on the BSE, up 1.96 per cent from previous close.

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Canara Bank Registers Rs 1,011 Cr Profit In Q4

Total income on a standalone basis during January-March rose to Rs 21,522.60 crore as against Rs 14,222.39 crore in the year-ago period, Canara Bank said in a regulatory filing.

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Prest Loans Engages Mr. Rajeev Kishore Dubey (Ex CMD-Canara Bank) As Strategic Advisor On Its Advisory Board

Prest Loans is a tech enabled digital NBFC focusing on small businesses and MSME lending. The company has witnessed robust growth in last 4 years building a mixed portfolio of secured and unsecured MSME loans.

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Canara Bank's Executive Director Matam Venkata Rao Appointed As New MD & CEO Of Central Bank

Stocks of Canara Bank were trading at Rs 155.60 apiece on BSE, down 0.89 per cent. The Central Bank of India scrip was trading at Rs 18.70, down 2.81 per cent on BSE.

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