"canara-bank"

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

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

CBI has filed an FIR against IL&FS Transportation Network Ltd and its directors on charges of defrauding 19 banks of Rs 6,524 crore

Canara Bank won the ‘Banker’s Bank of the Year Award 2022’’ for India segment at the Global Banking Summit held in London from Nov 29 to Dec 1.

Hyderabad: The Canara Bank, Circle office, Hyderabad conducted an export, import data processing and monitoring system (E/IDPMS) resolution meet here on Wednesday. Hyderabad Circle Head KH Patnaik and General Manager R Anuradha were present at the event held to create awareness and address issues faced by exporters and importers in submitting the data pertaining to […]

Hyderabad Circle CGM KH Patnaik said Canara Bank evolved into the third largest bank in the country due to the patronage of customers.

Hyderabad: Canara Bank, India’s third largest nationalized bank, has unveiled a new fixed deposit plan for the general public, including senior citizens. The ‘Canara Bank Special Deposit Scheme’ offers an interest rate of 7.50% for a tenure of 666 days. The 7.50% interest rate is only for senior citizens; however, the rate of interest would […]

Hyderabad: Two fictitious companies allegedly duped the Balanagar branch of Canara Bank of Rs.2.71 crore after taking loans and failing to repay it. In the first case, a company, AFS Constructions, took Rs 1.3 crore loan from the bank. The bank officials later noticed that AFS was a non-existent company but the loan was processed […]

Hyderabad: Canara Bank’s Ahmed Nagar branch donated a hydraulic walk behind roller as part of its CSR activities to the Sports Coaching Foundation (SCF) at Masab Tank on Tuesday. Bhaskar Chakravarthy, DGM (Region II) of Canara Bank said, “It feels great to be associated with SCF, especially to its founder-secretary K Saibaba for the service […]

Hyderabad: The Hyderabad unit of Central Bureau of Investigation (CBI) has booked a conspiracy case against Hitech Electro Power Systems (HEPS) along with its managing director and others for allegedly cheating Canara Bank to the tune of Rs 5.03 crore. The case under Sections 120B (conspiracy) read with 420 (cheating), 468 (forgery) and 471 (Using […]

Hyderabad: Canara Bank reported a 115.8 per cent jump year-on-year (YoY) in its net profit at Rs 1,502 crore for the third quarter ended 31 December 2021. The bank’s operating profit grew by 10.16 per cent for the period under review. For the nine months ended 31 December 2021, the bank’s net profit grew by […]

Hyderabad: Six more persons, including a woman working as a branch manager of Canara Bank in the city, were arrested by the Hyderabad City Police in connection with the Telugu Akademi Fixed Deposits Receipts (FDRs) scam on Wednesday. Four persons were arrested earlier in the case. The arrested persons were Segoori Ramesh, accounts officer at […]

Officials suspect a short circuit led to the fire.

Hyderabad: The Hyderabad Central Crime Station police arrested a businessman on charges of cheating a nationalised bank to the tune of Rs 95 lakh here on Monday. The suspect, Saket Talwar (41), a resident of Banjara Hills, was caught by the Hyderabad Police at Mavi Villa, Arambol Beach in Goa and brought to the city. […]

The bank said the debt instruments will be issued subject to market conditions and necessary approvals.

The lender said the capital is slated to be raised through qualified institutional placement (QIP), follow-on public offer, rights issue, preferential issue or any other means or a combination.

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.

Meanwhile, Jayant Patel scalped eight wickets to guide Canara Bank to a seven-wicket victory over Hyd Patriots.

For the banks that got merged, - account number, IFSC, MICR code, branch address, cheque-book, passbooks will also undergo a change to represent the new entity.

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