Canara Bank

9 EDs appointed in various PSU banks

The government Wednesday approved appointment of nine Executive Directors (EDs) in various public sector banks, including BoB, BoI and Canara Bank.

Mar 11, 2015, 22:19 PM IST

PSU bank chiefs selection: Pvt bankers can apply, too

In a bid to attract talent from a wider pool, the Finance Ministry has invited private sector bankers, besides the regular public sector executives, to apply for the top job at five large state-owned lenders.

Feb 26, 2015, 19:22 PM IST

Canara Bank to raise Rs 1,500 crore from bonds soon

State-owned Canara Bank on Wednesday said it plans to raise Rs 1,500 crore soon from bonds to fund business growth and meet global capital adequacy norms.

Feb 11, 2015, 22:33 PM IST

Canara Bank Q3 net profit rises 60% at Rs 656 crore

State-run Canara Bank on Wednesday reported 60.2 percent increase in net profit at Rs 655.92 crore for the quarter ended December despite an increase in bad loans.

Feb 04, 2015, 14:15 PM IST

Canara Bank to raise Rs 1,500 cr via bonds

Bangalore based public sector lender Canara Bank today said it will raise additional capital worth Rs 1,500 crore through private placement of bonds.

Feb 02, 2015, 20:26 PM IST

Canara Bank arm gets Sebi's nod for Rs 300-cr rights issue

In a right issue, shares are issued to existing investors based on their holdings at a pre-determined price and ratio.

Dec 22, 2014, 20:29 PM IST

Origo Commodities inks MoU with Canara Bank

Canara Bank today said it has entered into an agreement with post-harvest management services company Origo Commodities India to support farmers with Warehouse Receipt Financing across the country.

Oct 29, 2014, 17:29 PM IST

Canara Bank to raise up to Rs 850 million through share sale

The bank will raise the capital in the current financial year, and will be used to fund its general business needs, Canara Bank said in a statement.

Oct 18, 2014, 13:07 PM IST

Canara Bank may close Rs 3,500-crore QIP issue by November

State-run Canara Bank which has board approval to raise Rs 3,500 crore through a qualified institutional placement (QIP) is awaiting government approval for the same and expects to mop up the money by November.

Sep 16, 2014, 18:41 PM IST

IRB achieves financial closure for Rs 1,492 crore Maharashtra road project

IRB Infrastructure Developers Limited (IRB), one of the largest Road BOT developers in India, on Monday said it has achieved financial closure for Rs 1,492 crore highways project in Maharashtra.

Sep 01, 2014, 20:18 PM IST

Canara Bank expects Rs 500 cr capital from govt this fiscal

State-owned Canara Bank on Thursday said it is expecting a capital infusion of Rs 500 crore from the government this fiscal.

Aug 21, 2014, 19:55 PM IST

Canara Bank aims cash recovery of Rs 6,500 crore this fiscal

State-owned Canara Bank on Saturday said it aims cash recovery of Rs 6,500 crore this fiscal which may result in lowering of non-performing assets (NPA).

Aug 16, 2014, 16:59 PM IST

PSU banks profit plunges 27% to Rs 37,000 cr in FY14

These banks in which government owns more than 51 percent had total net profit of Rs 50,583 crore in 2012-13.

Aug 05, 2014, 19:04 PM IST

RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

ICICI Bank, Axis Bank, Canara Bank, IDBI Bank, Yes Bank and seven other banks have been penalised in the case of Deccan Chronicle Holdings, the RBI said today.

Jul 25, 2014, 20:55 PM IST

Canara Bank Q1 Net marginally up at Rs 806.86 cr

Public sector Canara Bank today reported a marginal 1.86 percent increase in net profit at Rs 806.86 crore in the first quarter ended June 30 on higher provisioning.

Jul 21, 2014, 19:51 PM IST

Recapitalisation of PSU banks is on high priority: Jaitley

Finance Minister Arun Jaitley on Saturday said recapitalisation to the tune of Rs 2.4 lakh crore in public sector banks to meet Basel III norms is a 'high priority' item for the government.

Jul 19, 2014, 14:48 PM IST