June 17, 2024 15:06 (IST)
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Canara Bank to dilute 14.50% stake in Canara HSBC Life Insurance Company via IPO

Mumbai: Public sector lender Canara Bank has approved a proposal to dilute a 14.50 percent stake in its insurance subsidiary, Canara HSBC Life Insurance Company, via an initial public offering (IPO), the bank announced on the exchanges on May 31.

Canara Bank FY24 March qtr profit surges 18% YoY to Rs 3,757 cr; Rs 16.10 per equity share dividend declared

Mumbai: Canara Bank reported a robust performance for the March quarter, with standalone net profit increasing by 18.33% year-on-year to Rs 3,757.23 crore, compared to Rs 3,174.74 crore in the same quarter last year.

Canara Bank Q3FY24: Net profit grows 27% to Rs 3,656 cr; NII stands at Rs 9,417 cr

Bengaluru: State-owned lender Canara Bank announced a net profit of Rs 3,656 crore for the October-December quarter of the fiscal year 2023-24, an increase of 26.87 percent compared to the Rs 2,881.52 crore reported in the corresponding period of the previous year.

Canara Bank unveils Data and Analytics Centre in Bengaluru

Public sector lender Canara Bank has opened its new Data and Analytics Centre (DnA) in Bengaluru city.

Canara Bank launches UPI Interoperable Digital Rupee Mobile Application

Canara Bank launches, UPI Interoperable Digital Rupee mobile application as a part of the Reserve Bank of India's Central Bank Digital Currency (CBDC) pilot project. 

Canara Bank has rolled out the Mahila Samman Savings Certificate, 2023 Scheme

Kolkata: Canara Bank has successfully implemented the Mahila Samman Savings Certificate, 2023 scheme across India, which provides secured investment option by a women for herself or by the guardian on behalf of a minor girl.

Canara Bank handed over Dividend for FY 2022-23

Kolkata: Canara Bank MD&CEO Satyanarayana Raju handed over a dividend cheque of Rs.1370 Croreto Union Finance Minister Nirmala Sitharaman.

Canara Bank becomes the first public sector bank to tie up with NPCI Bharat Bill Pay to process cross-border inbound Bill Payments from Oman

Kolkata: Last year, the Reserve Bank of India, permitted cross-border inbound Bill Payments to be received under the rupee drawing arrangement (RDA) through the Bharat Bill Payment System (BBPS).

K Satyanarayana Raju appointed as New MD , CEO of Canara Bank

Mumbai : The Government on Tuesday announced the appointment of K Satyanarayana Raju as Managing Director and CEO of Canara Bank.

Canara Bank Q3 net profit moves up 92 pc

New Delhi: Canara Bank on Monday said that it has posted a 91.88 percent year-on-year growth in its net profit at Rs 2882 crore for the quarter ended December 31, 2022.

Canara Bank's Q2FY23 net profit soars 89 pc YoY to Rs 2,525 cr; NII surges 18.5 pc

Public sector lender Canara Bank Thursday reported a net profit of Rs 2,525 crore in Q2FY23, up 89.42 percent against Rs 1,333 crore in the same quarter last fiscal.

Canara Bank receives 3rd Rank under EASE 4.0 Reforms Index Award for Q4 FY 2021-22 from FM Nirmala Sitharaman

Mumbai: Public sector lender Canara Bank was Friday awarded the 3rd rank under the prestigious EASE Reforms Index Award 2022 (EASE 4.0 Awards).

Canara Bank Q1FY23 net profit jumps 71.79 pc y-o-y to Rs 1177 cr

Kolkata: State-owned lender Canara Bank on Monday reported a net profit of Rs 2022 crore in the Q1FY23, up 71.79 percent year-on-year (y-oy) compared to Rs 1177 crore in the same quarter in FY22.

Canara Bank revises interest rate for Saving Bank deposits above Rs 1000 cr

Kochi: Canara Bank, a leading Public Sector Bank, has revised the rates of interest and introduced additional slab for Rs 1,000 crore and above for Saving Bank (SB) deposits with higher rates of interest, with effect from March 1, 2022.

Canara Bank Q3 consolidated net profit moves up to Rs 739.20 cr

Mumbai/UNI: Public sector lender, Canara Bank has reported a rise 81.88 per cent in its consolidated net profit for the quarter ended December 31, 2020 at Rs.739.20 crore as against net profit of Rs 406.43 crore for the quarter ended December 31, 2019.