Canara Bank

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

25 Nov 2020

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

21 Sep 2020

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.

FinCEN files: All you need to know about the leak

21 Sep 2020

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

09 May 2020

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.

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

03 Nov 2019

#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.

Several DU colleges increase annual fee for UG courses

19 Jun 2019

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.

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

05 May 2019

#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.

How to apply for education loan in India

02 Sep 2018

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.

Indian higher education to get Rs. 1 lakh crore boost

06 Jul 2018

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.

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

27 Dec 2017

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

23 Sep 2017

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

22 Sep 2017

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.

Banks are increasingly using robots to answer basic consumer queries

28 Jun 2017

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.

MobiKwik may get $100 million funding from BlackRock and others

09 May 2017

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.

State Bank of India slashes rates by 50 basis points

02 May 2017

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.

Rename railway station names with colonial imprints: Shiv Sena

15 Mar 2017

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.

45 people become lakhpatis under NPCI schemes

15 Jan 2017

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'.

Canara bank to raise Rs.1128 crore via rights issue

25 Sep 2016

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.