Here’s why Canara Bank was fined Rs. 2.92 crores by the RBI
The supervisory review of the bank's financial status as of March 31, 2021, was based on the results of a statutory inspection.
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CBI raids 7 locations including Jet Airways Chairman Naresh Goyal’s residence and offices in Mumbai
On 5th May, Friday Central Bureau of Investigation (CBI) started a search operations at 7 locations in Mumbai including Jet Airways Chariman Naresh Goyal's house and offices.
Canara Bank’s Q3 net profit rises 92%; shares soar
Canara Bank shares were trading more than 1% higher at 324 per share on the BSE in afternoon trade.
Stocks to watch: Kaynes Technologies, NDTV, JK Paper, HDFC Bank, Bharti Airtel and more
As they release their September quarter earnings today, Siemens, PTC India, and Nitco will be among the stocks under scrutiny.
PSU Banks are adapting to new digital means owing EASE reforms
Public Sector Banks are adapting to new digital means and increasing their digital presence to be up to date with the new generation.
Bank of Maharashtra ranks #1 in PSU lenders chart for loans & savings deposit growth in Q3
In terms of (Retail, Agriculture and MSME) segment, BoM reported the highest growth rate of 18.06 per cent at Rs 75,927 crore.
Canara Bank revises interest rates on fixed deposits: Check latest rates here
For FDs with a maturity period of 7-45 days, the interest rate will be 2.9%. For maturity periods 46-90 days, 91 days to 179 days and 180 days to less than 1 Year, the interest rates will be 3.9, 3.95 and 4.40% respectively.
Rakesh Jhunjhunwala acquires 1.59% stakes in Canara Bank
According to the public sector bank’s regulatory filing, Jhunjhunwala has acquired 2,88,50,000 equity shares of face value Rs 10 each in the bank.
Canara Robeco Mutual Fund to launch value fund, Details here
On August 10, 2021, Canara Robeco Mutual Fund launched its value fund whose subscription will commence for subscription between August 13, 2021, and August 27, 2021.
Canara Bank reports Q4 net profit at 1,011 crore
Canara bank witnesses a rise in profit to 1,011 cr as compared to a net loss of 3,259 crores last year. The bank says that it has been keeping an eye on the current pandemic situation carefully.
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