canara bank


Dues of PNB's big wilful defaulters rise to Rs 15,490 cr

Jun 17 2018

Wilful defaulters borrowing Rs 25 lakh and above owed more than Rs 15,490 crore to PNB as of May end, up 2 per cent from the preceding month.

Canara Bank to raise up to Rs 7,000 cr in FY19

Jun 13 2018

State-owned Canara Bank today said it will raise up to Rs 7,000 crore through various means, including rights issue and qualified institutional placement (QIPs).

UK regulator slaps Rs 8 cr fine on London branch of Canara Bank

Jun 06 2018

FCA imposed a fine of 896,100 pounds (about Rs 8 cr) on the London branch of Canara Bank and also stopped it from accepting deposits for nearly 5 months.

Canara Bank fined in UK for anti-money laundering breaches

Jun 06 2018

Britain’s markets regulator has fined the UK division of Canara Bank $1.2 million and blocked it from accepting new deposits for systemic AML failures.

Sensex falls for fourth session; financials drag

May 18 2018

The broader NSE Nifty was down 0.47 percent at 10,633 as of 0721 GMT (1251 IST), while the benchmark BSE Sensex was 0.49 percent lower at 35,977.89.

Canara Bank posts Rs 4,860cr loss in fourth quarter

May 11 2018

Canara Bank reported a net loss of Rs 4,859.77 crore for the last quarter of 2017-18 due to increased provisioning for bad loans.

Earnings, crude oil, rupee to drive stock market this week

May 06 2018

Key corporate earnings and factors such as movement of crude oil and rupee are likely to drive the domestic stock market this week, say experts.

Cash supplies improved but cash crunch persists, say bank officials

Apr 20 2018

Currency supply to ATMs and branches has improved but cash crunch still persists in the system which would be normalised soon, bank officials said.

Canara Bank calls off divestment process in Can Fin Homes

Mar 31 2018

Canara Bank said it has called off the divestment process of its entire stake in the housing finance company Can Fin Homes.

Canara Bank shares tumble after police file charges in fraud case

Mar 20 2018

Shares in Canara Bank tumbled more than 5% after the country’s federal police filed charges against a former chairman and others over allegations.

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Stocks In News



I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports


3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr


RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1


SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets


Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body


Have not received any notice from ED on FEMA violations


U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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