Tag: Canara Bank

Canara Bank Plan to Raise Rs 5000 Cr After Getting Shareholders’ Approval
InFocus, Investments

Canara Bank Plan to Raise Rs 5000 Cr After Getting Shareholders’ Approval

SMEStreet Desk- July 20, 2020

In its annual report for the year 2019-20, Canara Bank said that the current equity capital of the bank is Rs 1,030.23 crore. Read More

Canara Bank Starts Emergency Credit Support for MSMEs
News, COVID-19

Canara Bank Starts Emergency Credit Support for MSMEs

SMEStreet Desk- May 23, 2020

Canara Bank has also sanctioned more than Rs 60,000 crore of advances to the Corporates and MSMEs from March till date. Read More

Canara Bank Forays Into Gold Loan Business Vertical
Finance, Banking & Finance

Canara Bank Forays Into Gold Loan Business Vertical

SMEStreet Desk- May 18, 2020

"Gold is widely held by Indians as a family asset in the form of jewellery and coins. However, it is seldom leveraged for monetary requirements. ... Read More

Canara Bank To Cut Repo-Linked Lending Rate By 75 Basis Points
Banking & Finance, InFocus

Canara Bank To Cut Repo-Linked Lending Rate By 75 Basis Points

SMEStreet Desk- April 7, 2020

The one-year MCLR has been sliced by 35 premise focuses to 7.85 percent, and for half year by 30 premise focuses to 7.80 percent. Read More

GeM Partners with Canara Bank and Indian Bank for Digital Payments Services
LimeLight

GeM Partners with Canara Bank and Indian Bank for Digital Payments Services

SMEStreet Desk- November 1, 2019

The MOU with Indian Bank was signed yesterday by S. Suresh Kumar, Addl. CEO, GeM and M Karthikeyan, GM, Indian Bank along with Deepesh Gehlot, ... Read More

Canara Bank Posts Rs 552 Cr Loss in Q4
InFocus, Finance

Canara Bank Posts Rs 552 Cr Loss in Q4

SMEStreet Edit Desk- May 11, 2019

State-run major Canara Bank reported a lower Rs 552-crore standalone net loss for the fourth quarter (January-April) of the fiscal 2018-19 as compared to the ... Read More

Canara Bank Calls Off Divestment Process in Can Fin Homes
InFocus, Analysis

Canara Bank Calls Off Divestment Process in Can Fin Homes

SMEStreet Edit Desk- April 3, 2018

State-run lender Canara Bank said it has called off the divestment process of its entire stake in the housing finance company Can Fin Homes. In ... Read More