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Canara Bank

Canara Bank

Canara Bank is one of the largest public sector banks owned by the Government of India. It is headquartered in Bengaluru. It was established at Mangalore in 1906 by Ammembal Subba Rao Pai. It is one of the oldest public sector banks in the country. The government nationalized the bank in 1969.

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Eatala Rajender dropped from Telangana Council of Ministers
National

Eatala Rajender dropped from Telangana Council of Ministers

Hyderabad (Telangana) [India], May 3 Eatala Rajender, former health minister of Telangana, has been dropped from the state ...

Telangana CM orders inquiry into land grabbing allegations against Heath Minister
National

Telangana CM orders inquiry into land grabbing allegations against Heath Minister

Following the allegations of land grabbing against Telangana Health Minister Etela Rajender, Chief Minister K Chandrashekhar Rao on Friday ordered an inquiry into the complaints of encroachments of lands on the outskirts of Achampet in Masaipet Mandal in Medak district.

Crisil revises outlook on Canara Bank's debt instruments to stable
Business

Crisil revises outlook on Canara Bank's debt instruments to stable

Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.

Shocking! Bihar: Dead body reaches bank to withdraw money
National

Shocking! Bihar: Dead body reaches bank to withdraw money

A shocking case has emerged from Patna, the capital of Bihar. In a shocking incident, a dead body arrived ...

Canara Bank wrote off Rs 47,310Cr in 8 years, but recovered just 19%
Business

Canara Bank wrote off Rs 47,310Cr in 8 years, but recovered just 19%

New Delhi, Oct 20 Canara Bank has written off bad loans worth thousands of crore of rupees and ...

Canara Bank to raise up to Rs 8,000 cr via equities, bonds
Business

Canara Bank to raise up to Rs 8,000 cr via equities, bonds

Mumbai, July 10 Canara Bank on Friday said that its Board of Directors has approved raising of up ...

Canara Bank lowers interest rates on loans by 10 bps
Business

Canara Bank lowers interest rates on loans by 10 bps

New Delhi, July 6 Canara Bank has reduced marginal cost of funds-based lending rate (MCLR) on loans and advances ...

Canara Bank releases emergency credit facilities for MSMEs
Business

Canara Bank releases emergency credit facilities for MSMEs

To meet a temporary liquidity mismatch arising out of the COVID-19 outbreak, Canara Bank has announced a new credit support scheme for borrowers affected by the pandemic.

Canara Bank launches gold loan business vertical to ease liquidity
Business

Canara Bank launches gold loan business vertical to ease liquidity

Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.

Karnataka Canara Bank ATM served 500s instead of 100s
Business

Karnataka Canara Bank ATM served 500s instead of 100s

A Canara Bank automated teller machine (ATM) served Rs 500 notes when customers wanted to withdraw Rs 100 notes in Karnataka on Wednesday, sparking a public rush to withdraw Rs 1.7 lakh rupees,an official said on Saturday.

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