Tag: Canara Bank share price

Canara Bank confident of surpassing deposit growth guidance this year – CNBC TV18

[ad_1] Bengaluru-based public sector lender Canara Bank expects to surpass its deposit growth guidance of 9%. Managing Director and Chief Executive Officer K Satyanarayana Raju said that the current focus is less on attracting deposits and more on the cost of mobilisation. Raju expects an 11% growth in advances for the January-March 2025 quarter, surpassing […]

Canara Bank Q3 results: Net profit rises 12%, asset quality improves – CNBC TV18

[ad_1] Jhunjhunwala-backed Canara Bank declared its results for three-months and nine-months ended on December 31, 2024, in which it reported a 12% year-on-year rise in net profit at ₹4,104 crore. This figure is higher than the CNBC-TV18 poll estimate of ₹3,930 crore. Company Value Change %Change The PSU-lender’s Net Interest Income (NII) for the third […]

RBI penalises Canara Bank, Bank of India, J&K Bank for non-compliance – CNBC TV18

[ad_1] The RBI has imposed monetary penalties on Canara Bank, Bank of India, and Jammu & Kashmir Bank for violating regulatory directions. Company Value Change %Change The Reserve Bank of India (RBI) has slapped a penalty of ₹1.63 crore on Canara Bank for non-compliance with its guidelines on priority sector lending, interest rates on deposits, […]

RBI approves Canara Bank’s divestment from Canara Robeco AMC, Canara HSBC Life Insurance via IPOs – CNBC TV18

[ad_1] State-owned Canara Bank on Thursday (December 5) said it has received approval from the Reserve Bank of India (RBI) to divest its shareholding in Canara Robeco Asset Management Company Ltd (13%) and Canara HSBC Life Insurance Company Ltd (14.5%) through Initial Public Offerings (IPOs). Company Value Change %Change In a regulatory filing, Canara Bank […]

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