Canara

India's central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard reported on Monday, citing banking industry sources.Vostro accounts…

<!-- -->The bank revealed the debt loan figures but refused to disclose any other informationCanara Bank has written off bad loans worth Rs 1.29 lakh crore in the past 11 years, the public sector bank revealed in an RTI reply,…

Canara Bank has announced a special fixed deposit (FD) plan under which the lender is offering interest to its regular customers at a rate of 7 per cent, while senior citizens will receive interest at 7.5 per cent.“Now get maximum returns…

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India’s third largest public sector lender Canara Bank has hiked its marginal cost of lending rate, or MCLR across all tenors, according to its website. The MCLR, a key point in deciding loan interests, has been hiked by up to 15 basis…

After the RBI’s Monetary Policy Committee (MPC) in its latest policy review hiked the repo rate by 50 basis points (bps) to control inflation, ICICI Bank, PNB, Bank of Baroda, Canara Bank have raised their lending rates. Lenders have been…

Canara Bank on Monday reported nearly 72 per cent jump in standalone net profit at ₹2,022.03 crore for June quarter 2022-23 on healthy core income growth and fall in bad loans.The bank had posted a net profit of ₹1,177.47 crore in the…

State-owned Canara Bank on Friday launched its mobile banking super app, ‘Canara ai1’, which is a one-stop solution having over 250 features fulfilling all the banking needs of customers. The latest app eliminates the need of having…

New Delhi: The CBI has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly cheating a Canara Bank-led consortium to the tune of Rs 55.27 crore, officials said on Thursday. The agency has also booked Bezel Jewellery and…

India’s third largest nationalised lender Canara Bank has announced recently that it has introduced a special fixed deposit (FD) scheme for both general public and senior citizens. The move succeeds a similar one from another public sector…