Canara Bank

HDFC, Canara Bank and others cut lending rate

Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 per cent, a move that will make home, auto and other loans cheaper.

hdfc

After inking a first, FinMin says no more hiring from private sector for PSB top jobs

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such hiring of CEO and managing directors in banks would be from existing public sector talen

psbs lending rate

Narendra Modi govt taps private sector for two state bank bosses in industry shake-up

Government has brought in private sector executives to run two of its largest state-owned banks, the first such appointments in a broad reform plan to shake up the country's dominant but often inefficient government-backed le

In a first private sector professionals to head Bank of Baroda, Canara Bank

In a significant change of policy, government has roped in private sector professionals to run two of its largest banks -- Bank of Baroda and Canara Bank -- as it announced appointment of MDs and CEOs of five lenders.

Bank of Baroda Q1 results shares

Canara Bank Q1 net profit falls 41% to Rs 478 cr as provisions mount

Canara Bank today reported 40.65 per cent decline in net profit at Rs 478.84 crore in the first quarter ended June as it parked a higher share towards contingencies for bad loans.

Canara Bank, LIC ink MoU

Canara Bank has entered into an MoU with LIC of India for the social security measures launched by the central government.

Moody’s raises outlook for 15 banks, financial institutions to ‘positive’

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

moodys

Government to infuse Rs 6,990 crore in 9 PSBs; SBI leads the pack

Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI...

State bank of india

Canara Bank net up 60% at Rs 656 crore

Canara Bank’s quarterly profit rose 60% as growth in net interest and fee income bolstered its top line.

Govt’s stake dilution expected to aid banks’ Basel-III push

Bankers believe the government's move to gradually reduce its stake to 52%.

Canara Bank, PNB yet to join rate-cut bandwagon

Among the private sector lenders, Yes Bank and IndusInd Bank have refrained from cutting rates

Containing the rising stressed assets in Indian banks

To enhance recovery, one strategy could be to incentivise the top PSB management to improve the recovery record

SBI leads charge as PSBs see heightened buying interest

Top three PSBs (SBI, PNB and BoB) emerged amongst the best performing banking stocks with gains ranging between 56% and 67%

Canara Bank net flat at Rs 627 cr on higher provisioning drag

Canara Bank’s net profit remained flat for the September quarter at Rs 626.84 crore.

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