Last Updated: Monday, August 31, 2015, 15:14
It said the board of the bank at a meeting held today approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.
Last Updated: Wednesday, August 5, 2015, 16:24
State-run lender 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.
Last Updated: Saturday, July 25, 2015, 16:53
Canara Bank has paid a dividend of Rs.348.81 crores to the Government of India for the financial year 2014-15.
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.
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.
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.
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