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CANARA BANK NEWS

Canara Bank registers Rs 1,011 crore profit in Q4

May 18, 2021 5:25 pm

Total income on a standalone basis during January-March rose to Rs 21,522.60 crore as against Rs 14,222.39 crore in the year-ago period, Canara Bank said in a regulatory filing.

Kerala bank employee, on the run for months after swindling Rs 8 crore, arrested in Bengaluru

May 19, 2021 6:40 am

According to Bengaluru Police, a special investigation team from Kerala arrested the accused from a flat in the HSR layout in Bengaluru on Sunday and took him to Kerala for further investigation on Monday.

Banking services may get affected later this month due to proposed strike: Canara Bank

March 04, 2021 2:43 pm

Canara Bank said it is taking necessary steps for smooth functioning of bank branches and offices on the days of the proposed strike.

Haryana man arrested for ‘duping’ Canara Bank of Rs 8 L in Ahmedabad

February 19, 2021 3:06 am

According to bank officials, there was no record of the bank accounts attached to the three credit cards used by accused and the computer system of the ATM was interfered with.

Probe begins into Rs 8.1 lakh fraud on Canara Bank

February 15, 2021 1:20 am

“According to the complainant, between September 27 and October 6 in 2020, unknown persons used three credit cards 81 times at the ATM branch to withdraw Rs 8.1 lakh cash,” said a police officer at Ahmedabad Cyber Crime Cell.

Canara Bank slashes MCLR by up to 30 bps across various tenors

August 06, 2020 5:06 pm

The six-month MCLR has been cut to 7.40 per cent from 7.50 per cent, the bank said. The one-year MCLR has been revised to 7.45 per cent from 7.55 per cent earlier.

Canara Bank 'cheated' of Rs 174.89 Cr: CBI searches premises of Punjab Basmati Rice Ltd in Amritsar

July 03, 2020 1:30 pm

The searches took place at the premises of the company office and accused directors Kulwinder Singh Makhani, Jasmeet Kaur and Manjeet Singh Makhani in Punjab's Amritsar, they said.

Canara Bank announces credit support for borrowers affected by COVID

May 23, 2020 11:28 am

Canara Bank's MD and CEO, L V Prabhakar, said: We are sure that once the lockdown is completely lifted, our customers would be able to avail the sanctioned facilities to the full extent and improve their business.

Banks Board Bureau recommends names for heading three state-owned banks

November 13, 2019 5:46 pm

Banks Board Bureau (BBB) recommended names of Sanjiv Chadha, L V Prabhakar and Atanu Kumar Das for the post of managing director and chief executive officer (MD & CEO) of three state-owned lenders -- Bank of Baroda, Canara Bank and Bank of India.

Canara Bank invites merchant bankers for $350-500 million MTN issue

February 20, 2019 4:39 am

“The issue size may vary based on various factors including, but not limited to, management discretion and the indicative pricing,” Canara Bank said in a public notice.