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"canara-bank"

  • CBI searches six locations in Rs 1,109-crore Canara Bank fraud case

    The CBI conducted searches at six locations across four states in connection with an alleged ₹1,109-crore Canara Bank fraud involving Bhubaneswar-based Gupta Power Infrastructure Ltd. Investigators allege inflated financial records, fund diversion and loan account evergreening caused substantial losses
  • Fire breaks out in Canara Bank locker room in Jangaon

    A fire caused by an alleged electric short circuit broke out inside the Canara Bank locker room in Jangaon on Thursday night. Fire personnel extinguished the blaze, while some documents were reportedly damaged. Bank officials are investigating the cause and assessing the damage.
  • RBI imposes Rs 41.8 Lakh penalty on Canara Bank over KYC lapses

    The Reserve Bank of India imposed a penalty of ₹41.8 lakh on Canara Bank for non-compliance with KYC norms and rules on inoperative accounts. The RBI found lapses in timely reporting to CKYCR and incorrect account classification after inspection
  • Canara Bank clinch HCA D-Division Title with eight-wicket win over FCI

    FCI scored 113 in 26.2 overs
  • Canara Bank reports 10 per cent fall in Q4 net profit

    Canara Bank reported a 10 per cent decline in standalone net profit for the March quarter at Rs 4,506 crore. However, the bank improved its asset quality, reduced bad loans and posted a 12.7 per cent rise in full-year FY26 profit
  • Rs 7 crore gold loan ‘fraud’ at bank in Maharashtra’s Jalna; two held

    A Rs 7.31 crore fraud was exposed at Canara Bank’s Jalna branch involving stolen gold loan ornaments replaced with fake jewellery. Two arrests were made, with staff and a gold appraiser accused of fraud, negligence, and conspiracy under investigation
  • Farmer flees as Nizamabad bank detects fake currency deposit

    A farmer in Nizamabad attempted to deposit Rs 2.08 lakh in counterfeit notes at a Canara Bank branch in Varni, triggering alarm among officials. The farmer fled the scene and remains absconding, while police have registered a case and launched an investigation.
  • ED raids Sasikala aide’s premises in Rs 200-cr bank fraud probe

    The Enforcement Directorate conducted raids in Chennai and Hyderabad in connection with an alleged Rs 200-crore Canara Bank fraud and benami assets case linked to Sasikala aide GRK Reddy of the Marg group. Sasikala has not been named in the CBI FIR
  • Canara Bank waives average monthly balance requirement across all Savings Bank accounts

    In a major relief to various sections of customers including salaried class and senior citizens, Canara Bank has waived imposition of average monthly balance requirement for savings bank accounts
  • Hyderabad: Canara Bank distributes Rs 2 lakh worth of groceries to poor families

    Canara Bank, Kundanbagh branch, as a part of CSR activity, collaborated with Sister’s of Charity Trust and distributed groceries worth of Rs.2, 00, 000 to 200 poor families on Friday at St.Francis school, Secunderabad.
  • Hyderabad: Alert SBI staff avert digital arrest scam being perpetrated, save 46 lakh of elderly couple

    Had it not been for the alert staff, the cyber fraud would have been perpetrated on a retired PSU employee and his wife, who walked into the bank with a request to transfer Rs 46 lakh by RTGS to an account of ICICI Bank in Aurangabad.
  • Farmers stage protest for not getting loan waiver benefit in old Karimnagar

    Though the state government announced that all farm loans up to Rs 2 lakh have been waived, many farmers did not get benefit.
  • Hyderabad: BR Ambedkar Canara Vidya Jyothi scholarships distributed

    Canara Bank gave away scholarships to girl students from SC/ST communities under its BR Ambedkar Canara Vidya Jyothi Scholarships programme. As many as Students were given away 1236 students from different shools in Telangana were given scholarships to the tune of Rs 49.44 lakh
  • Nizamabad: Canara bank employee siphoned off Rs. 45 lakh Dwacra loan amount

    According to reports, an employee Sandhya, working as business correspondent in the bank, reportedly deposited all the loan amount sanctioned to the Dwacra in her personal account.
  • Yuzvendra Chahal picks four-for in DY Patil T20 tournament

    The right-arm spinner hit the strides immediately sending down 10 dots and conceding only two fours in his spell.
  • RBI fines SBI, Canara Bank for breach of rules

    The RBI in an order dated February 26 slapped a penalty of Rs 2 crore on State Bank of India for contravention of provisions of the Banking Regulation Act and not complying with the Depositor Education Awareness Fund Scheme.
  • Triveni Music and Dance Festival begins in Hyderabad

    The three-day music and dance festival is being organised by Surmandal in association with the Department of Culture, and Canara Bank
  • High Court seeks ED affidavit in Jet founder Goyal’s arrest challenge

    Senior counsel Amit Desai, appearing for the 74-year-old businessman, urged the court to grant a short date for hearing and pointed to his client's advanced age.
  • Bank fraud case: Jet Airways founder Naresh Goyal sent to 14-day judicial custody

    A court here on Thursday remanded Jet Airways founder Naresh Goyal to 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at the Canara Bank
  • After Rakesh Jhunjhunwala’s passing, net worth dropped for two consecutive quarters under Rare team

    The management team at Rare Enterprises made changes to the portfolio by adding new stocks and reducing stakes in others.
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