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Canara Bank: News

10 Jul 2025
Anil Ambani

Anil Ambani gets relief as Canara Bank removes 'fraud' tag

Canara Bank has withdrawn its order that had labeled the loan account of Reliance Communications, a company linked to industrialist Anil Ambani, as "fraudulent."

07 Jul 2025
Punjab National Bank

How government banks are easing burden on savings account holders

In a major policy shift, all public sector banks (PSBs) in India may soon scrap penalties for not maintaining a minimum balance in savings accounts.

30 Jun 2025
Indian Government

Government asks PSU banks to list subsidiaries via IPOs

The Indian government has directed public sector banks to expedite their plans for listing subsidiaries and joint ventures.

08 Dec 2024
Ahmedabad

Video: Gujarat man assaults bank manager over tax deduction 

A video of a brawl at a Union Bank branch in Ahmedabad's Vastrapur has gone viral.

05 Dec 2024
HDFC Bank

Canara Bank revises fixed deposit interest rates: Check new figures

Canara Bank has revised its fixed deposit (FD) interest rates for amounts less than ₹3 crore, effective December 1, 2024.

16 Nov 2024
Bank of Baroda

Want a loan? Check out interest rates from leading banks

Several Indian banks, including State Bank of India (SBI), Bank of Baroda, HDFC Bank, and IDBI Bank have announced an increase in their marginal cost-based lending rates (MCLR) for certain tenures this month.

23 Jun 2024
X

Canara Bank's social media handle on X hacked; username altered

Canara Bank's official social media account on X has been compromised.

16 May 2024
Bombay High Court

Jet Airways founder Naresh Goyal's wife passes away 

Anita Goyal, wife of Jet Airways founder Naresh Goyal, succumbed to cancer in the early hours of Thursday.

12 Mar 2024
Paytm

Four banks compete to acquire Paytm merchants: Check here

Axis Bank, Canara Bank, Yes Bank, and Kotak Mahindra Bank are the leading contenders to take over merchant accounts of Paytm Payments Bank Ltd (PPBL).

07 Feb 2024
Stock Market

Canara Bank shares surge as board mulls over stock split

Canara Bank's board is scheduled to meet on February 26 to discuss the potential split of the bank's equity shares.

23 Nov 2023
Stock Market

Canara Bank to issue 10-year bonds worth Rs. 5,000 crore

Canara Bank, a state-owned financial institution, has announced plans to issue infrastructure bonds worth Rs. 5,000 crore tomorrow (November 24).

26 Oct 2023
Business

Canara Bank's Q2 net profit climbs 43% to Rs. 3,606cr

Canara Bank posted a net profit of Rs. 3,606 crore in the second quarter of FY24, reflecting a 43% surge compared to the same timeframe last year.

02 Sep 2023
Jet Airways

Who is Naresh Goyal, Jet Airways founder arrested by ED

The Enforcement Directorate (ED) arrested former Jet Airways Chairman Naresh Goyal on Friday in connection with an alleged Rs. 538 crore Canara Bank fraud case.

CBI raids Jet Airways offices, founder's residence in fraud case

The Central Bureau of Investigation (CBI) on Friday conducted raids at seven locations, including the premises of Jet Airways and its founder-chairman Naresh Goyal, in Maharashtra's Mumbai, reported PTI.

03 Nov 2019
India

#CareerBytes: Five famous Chartered Accountants in India to know about

In India, Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses.

19 Jun 2019
India

Several DU colleges increase annual fee for UG courses

According to media reports, several colleges affiliated to the Delhi University (DU) have revised their fee structure for the undergraduate courses.

05 May 2019
India

Famous Chartered Accountants in India to know about

Chartered Accountancy (CA) is one of the hardest and most in-demand professional courses in India.

02 Sep 2018
India

How to apply for education loan in India

Getting quality education from a top-notch institution, is vital to give a kick-start to your career, whatever be the field.

06 Jul 2018
India

Indian higher education to get Rs. 1 lakh crore boost

The Union Cabinet has recently approved a proposal permitting the Higher Education Finance Agency (HEFA) to mobilize Rs. 1 lakh crore to fund infrastructure and revitalize research in higher education institutes by 2022.

Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years

Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).

19 Apr 2018
India

PSBs among leading govt bodies in rejecting RTI pleas: Study

Public sector banks, which are reeling under a huge burden of growing non-performing assets and being probed by central agencies, have emerged as the leading public authorities in terms of rejecting RTI pleas, an analysis by a voluntary group shows.

18 Apr 2018
Madhya Pradesh

Cash situation at ATMs improving, availability increased: SBI

The State Bank of India (SBI), the country's largest lender said today that cash availability at its ATMs has increased in the past 24 hours following reports of currency shortages and ATMs running dry from different parts of the country.

09 Sep 2017
Chennai

Banks are increasingly using robots to answer basic consumer queries

There's no denying the fact that the banking sector is the life-line of the bustling Indian economy and it caters to millions every day.

28 Jun 2017
Robots

Banks are increasingly using robots to answer basic consumer queries

There's no denying the fact that the banking sector is the life-line of the bustling Indian economy and it caters to millions every day.

09 May 2017
India

MobiKwik may get $100 million funding from BlackRock and others

MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.

02 May 2017
India

State Bank of India slashes rates by 50 basis points

The country's largest lender, State Bank of India, has slashed its interest rates by up to 50 basis points (bps) for various maturities to ward off high-cost deposits.

15 Mar 2017
Mumbai

Rename railway station names with colonial imprints: Shiv Sena

On Tuesday, the Shiv Sena sought the renaming of 5 of Mumbai's railway stations, suggesting that they all have colonial imprints.

25 Sep 2016
Business

Canara bank to raise Rs.1128 crore via rights issue

State-owned Canara Bank revealed its plans to raise up to Rs.1,128 crore to fund business growth through rights issuance.