"canara-bank"

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.

These Acts led to nationalisation of banks in two phases and provisions of these laws have to be changed for privatisation of banks, they said

With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.

The bank's total income (consolidated) during October-December period of 2020-21 rose to Rs 24,490.63 crore from Rs 15,531.80 crore, Canara Bank said in a regulatory filing.

It was alleged that the accused in connivance with unknown public servants and others defrauded the consortium of PSBs, consisting of SBI, IDBI, Canara Bank, Andhra Bank, Corporation Bank, Exim Bank, Punjab and Sind Bank and Union Bank of India and caused a loss of Rs 4,837 crore.

According to the fire officials, the fire broke out around 11.30 p.m on the upper floor of the building housing the Canara Bank at Narayanguda

"Banks have been able to raise a lot of money from the markets. About Rs 40,000 crores have been raised by the public sector banks both in the form equity and also AT1 and Tier II bonds.

Manager of the bank G Tirupati said that the institution credited monetary aid with the savings account of the six meritorious pupils in connection with the foundation day

During the past eight-year period from FY12-13 to FY19-20, Canara Bank wrote off a total of Rs 47,310 crore while recovering just 19 per cent or Rs 8,901 crore from defaulters