Canara Bank: News

Cabinet clears crisis-hit Lakshmi Vilas Bank's merger with DBS Bank

The Union Cabinet on Wednesday approved the amalgamation of the crisis-hit Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL), the Indian arm of Singapore's DBS Bank.

CBI files Rs. 1,400cr fraud case against dairy firm Kwality

The Central Bureau of Investigation (CBI) on Monday has filed a case of fraud against Kwality Ltd., one of the country's most popular dairy product makers.

21 Sep 2020

India

FinCEN files: All you need to know about the leak

Several Indian banks helped facilitate transactions red-flagged by the United States Treasury Department's Financial Crimes Enforcement Network (FinCEN) for suspected money laundering, terrorism, drug dealing, and financial fraud, a major leak of top-secret documents has revealed.

Exporters flee country after cheating 6 banks; SBI files complaint

Three promoters of a Delhi-based basmati rice export firm have fled the country with over Rs. 400 crore in unpaid bank loans, officials said on Saturday.

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

#CareerBytes: 5 famous Chartered Accountants in India to know about

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

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.

27 Dec 2017

Reliance Jio

RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.

No debit or credit card blocked, IRCTC clarifies

Hours after reports emerged that IRCTC had barred certain banks' debit cards on its platform, the organization has refuted all such reports.

Making online payment on IRCTC? Only some debit cards allowed

It was reported yesterday that IRCTC has disallowed many banks from using its payment gateway for debit cards.

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

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.

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.

15 Jan 2017

Tamil Nadu

45 people become lakhpatis under NPCI schemes

The Centre revealed that its incentives of announcing lucky draws to encourage electronic payments had already made 45 people 'lakhpatis'.

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.