Canara Bank, OBC cut lending rates by up to 0.25%

Last Updated: Friday, May 8, 2015, 21:13

Joining the rate-cut bandwagon, two state-owned lenders Canara Bank and Oriental Bank of Commerce on Friday cut base rates to 10 percent, which will lead to lower EMIs for their loan consumers.

Moody's raises outlook for 15 banks, FIs to 'positive'

Last Updated: Thursday, April 9, 2015, 17:21

Credit rating agency Moody's Thursday revised upwards the outlook to positive, from stable, for 12 state-owned banks and financial institutions including SBI, PNB, Canara Bank, REC and PFC.

Canara Bank to get Rs 1,500 cr fund infusion from LIC soon

Last Updated: Friday, April 3, 2015, 16:09

At the current market price, Canara Bank would be able to raise about Rs 1,500 crore by issuing shares on preferential basis.

Canbank VC fund to raise Rs 500 cr by June

Last Updated: Sunday, March 29, 2015, 12:40

This will be its sixth fund to be invested in small businesses, a top company official said.

Canara Bank sells over Rs 11.54-cr shares in CARE rating

Last Updated: Tuesday, March 17, 2015, 14:42

Following the stake sale in the rating agency, the bank's shareholding came down to 10.3 percent from the earlier 10.5 percent.

9 EDs appointed in various PSU banks

Last Updated: Wednesday, March 11, 2015, 22:19

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

PSU bank chiefs selection: Pvt bankers can apply, too

Last Updated: Thursday, February 26, 2015, 19:22

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.

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

Last Updated: Wednesday, February 11, 2015, 22:33

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.

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

Last Updated: Wednesday, February 4, 2015, 14:15

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.