Page 6 of Canara Bank News

Canara Bank today reported a 15.6 per cent fall in its July-September quarter net profit at Rs 528.86 crore.

Country’s largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up…

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such…
Government has brought in private sector executives to run two of its largest state-owned banks, the first such appointments in…

In a significant change of policy, government has roped in private sector professionals to run two of its largest banks…
Canara Bank today reported 40.65 per cent decline in net profit at Rs 478.84 crore in the first quarter ended…
Canara Bank has entered into an MoU with LIC of India for the social security measures launched by the central…

Credit rating agency Moody’s today revised upwards the outlook to positive, from stable, for 12 state-owned banks and financial institutions…

Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI…
Canara Bank’s quarterly profit rose 60% as growth in net interest and fee income bolstered its top line.
Bankers believe the government’s move to gradually reduce its stake to 52%.
Among the private sector lenders, Yes Bank and IndusInd Bank have refrained from cutting rates
To enhance recovery, one strategy could be to incentivise the top PSB management to improve the recovery record
Top three PSBs (SBI, PNB and BoB) emerged amongst the best performing banking stocks with gains ranging between 56% and…
Canara Bank’s net profit remained flat for the September quarter at Rs 626.84 crore.