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Canara Bank-led consortium seeks buyer for Maha power plant

A Canara Bank-led consortium of lenders is scouting for a buyer for a 270 MW power plant in Maharashtra which came under corporate debt restructuring (CDR) plan.

Canara Bank first-quarter net profit misses estimates; bad loans rise

Canara Bank first-quarter net profit misses estimates; bad loans rise

Provisions for the quarter rose to 22.04 billion rupees from 14.93 billion rupees year ago.

Number of public sector banks may go down to 12 as government mulls consolidation

Number of public sector banks may go down to 12 as government mulls consolidation

The 21 public sector banks would get consolidated to 10- 12 in the medium term, the official said.

Names of PNB, Bank of Baroda, Canara Bank to be changed after merger

Names of Punjab National Bank (PNB), Canara Bank and Bank of Baroda will be changed after merger according to the sectors. Watch full video to know top 10 business news of the day.

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Canara Bank posts fourth-quarter profit on lower bad loan provisions

Indian public sector lender Canara Bank reported a profit for the fourth quarter, compared with a year-ago loss, on the back of lower provisions for bad loans.

Canara Bank cuts lending rate by 0.10% to 9.4% from April 1

Canara Bank cuts lending rate by 0.10% to 9.4% from April 1

Public sector Canara Bank on Thursday announced 0.10 percentage point reduction in its MCLR-based lending rate to 9.40 percent from April 1, making loans cheaper for consumers.

Canara Bank's Rs 1,124 cr rights issue to open on March 2

Canara Bank's Rs 1,124 cr rights issue to open on March 2

State-owned Canara Bank's Rs 1,124 crore rights issue will open on March 2 and the proceeds will be utilised to fund business growth.

Rishabh Pant on a roll, slams 34-ball 84 for Reliance 1 in 13th DY Patil T20 Cup

Rishabh Pant on a roll, slams 34-ball 84 for Reliance 1 in 13th DY Patil T20 Cup

Pant, who has been named in India's T20I squad to play England, launched a breathtaking assault on Canara Bank's modest total of 120-7.

Bank of Baroda to raise up to Rs 2,000 crore via bonds

Bank of Baroda to raise up to Rs 2,000 crore via bonds

Public sector lender Bank of Baroda on Saturday said it proposes to raise up to Rs 2,000 crore on private placement basis to meet Basel III requirements.

CBI registers case against ex-CMD of Canara Bank

CBI registers case against ex-CMD of Canara Bank

CBI has registered a case against former Chairman-cum-Managing Director of Canara Bank R K Dubey for allegedly allowing deviations in sanctioning credit limits to a company during his tenure as Executive Director at Central Bank of India.

Canara Bank launches UPI mobile app

Canara Bank launches UPI mobile app

The mobile app is available for download from Google play store.

Canara Bank gets shareholders nod to raise up to Rs 2,000 cr

Canara Bank gets shareholders nod to raise up to Rs 2,000 cr

Canara Bank on Wednesday said it has got shareholders' approval to raise capital by up to Rs 2,000 crore.

Canara Bank revises lending rates based on MCLR

Canara Bank revises lending rates based on MCLR

Public sector Canara Bank on Wednesday said it has revised the lending rates based on the marginal cost of funds (MCLR) for May to 8.80-9.35 percent.

Canara Bank Q3 net dives 87% to Rs 85 crore on NPA woes

Canara Bank Q3 net dives 87% to Rs 85 crore on NPA woes

Its percentage of net NPAs went up to 3.90 percent from 2.42 percent at the end of December 2014.

Watch: Expert take on Canara Bank & ITC

Watch: Expert take on Canara Bank & ITC

Listen to our experts answer queries of our viewers. Watch the video here.

Canara Bank Q2 net drops 16% to Rs 529 crore

The public sector lender had registered a net profit of Rs 626.84 crore in the corresponding quarter last year.

HDFC, Canara Bank, StanChart and others cut lending rate

HDFC, Canara Bank, StanChart and others cut lending rate

Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 percent, a move that will make home, auto and other loans cheaper.

Canara Bank, 3 others cut benchmark lending rates

State-owned Canara Bank, Corporation Bank and Bank of Mysore Monday reduced their benchmark lending rates by up to 0.25 percent, making home and auto loans cheaper.

Loans to be cheaper as HDFC Bank, Canara cut lending rate

Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.

Govt to infuse Rs 947 crore in Canara Bank

It said the board of the bank at a meeting held today approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.