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Canara Bank posts 4,860 crore fourth quarter loss

The Canara bank’s quarterly loss is the second biggest quarterly loss reported by a public sector bank during the bad loan clean-up, which began with the Reserve Bank of India’s asset quality review in 2015.

Canara Bank shares tumble after police file charges in new fraud case

The case is the latest in a string of bank frauds reported to authorities in the aftermath of a sprawling $2 billion fraud that was unearthed weeks ago at Punjab National Bank.

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Canara Bank loan fraud: Kolkata computer firm, its directors booked in Rs 500-crore fraud case

In February 2015, Shibaji Panja had been dramatically arrested while returning from Dhaka with Mamata Banerjee. West Bengal police had detained him on the basis of a lookout circular issued by Economic Offences Wing of Delhi police

Canara Bank profit falls 61 per cent to Rs 126 crore

The provisions and contingencies increased by 80 per cent to Rs 2,673.6 crore for the December quarter, compared to Rs 1,484.5 crore provided during the corresponding quarter of last fiscal.

No more hiring from pvt sector for top jobs

The government had last week roped in private sector professionals to run two of its largest banks — Bank of Baroda and Canara Bank.

Canara Bank NPAs rise on Telangana’s loan waiver

Both Crisil and Icra have raised warning bells that this could touch 15 per cent by 2016.

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Recapitalisation of PSU banks is top priority: FM

He said the capital would be raised by the banks without diluting public sector characteristics in them.

Recapitalisation of PSU banks is on high priority: Arun Jaitley

Jaitley in the Budget speech had said, financial stability is the foundation of rapid recovery.

Stocks of PSBs gain up to 11% on RBI report

Shares of Punjab National Bank recovered and gained 4.46 per cent to close at Rs 835.7 each on Wednesday.

Public sector banks field brand ambassadors to take on bad loans

Sachin Tendulkar was the brand ambassador for Royal Bank of Scotland in 2008.

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