Page 7 of Canara Bank News
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.