\Bank stocks crack post rate cut; Canara Bank top loser
Broader markets too remained in the negative zone with Nifty50 slipping over 50 points.03-08-2017
03-08-2017
Canara Bank forays into paperless banking;launches first digital branch in Bengaluru
Canara Bank, which has set an ambitious target of moving to paperless' futuristic banking, launched its first Digital Banking Branch' at Spencer Towers in MG Road, Bengaluru.Titled CANDI', the...27-07-2017
Canara Bank's gross NPA divergence Rs 507 crore for FY16
The bank's gross bad loans stood at Rs 31,637.83 crore as on March 31, 201621-07-2017
Updates
Disclosure of Divergence in the Asset Classification and Provisioning by Banks Ref : 01. RBI Notification RBI/2016-17/283;DBR. BP.BC.No. 3/21.04.018/2016-17 dated 18.04.2017 02. SEBI Circular No. CIR/CFD/CMD/80/2017, dated 18.07.2017 Apropos to the above circular/s, we are attaching the disclosure on Divergence in the Asset Classification and Provisioning for NPAs as on 31.03.2016 as...21-07-2017
Scrutinizer's Report
1. Proceedings of the 15th AGM held on 20.07.2017 2. Consolidated Results of Voting on Resolutions 3. Consolidated Report of the Scrutinizers20-07-2017
Outcome of AGM
1. Proceedings of the 15th AGM held on 20.07.2017 2. Consolidated Results of Voting on Resolutions 3. Consolidated Report of the Scrutinizers20-07-2017
Canara Bank shares fall on higher bad loans provision
State-run lender Canara Bank Ltd today fell as much as 6 per cent to Rs 348.95, in its biggest intraday percentage drop since December 26, 2016. At about 12.15 pm, the stock was trading down 4.58...20-07-2017
Press Release
Press Release - Financial Results of the Bank 30.062017 - Canara Bank WE enclose a copy of the Press Release issued by the Bank on its Financial Results for the Quarter ended on 30.06.2017.19-07-2017
NCLT admits Canara Bank's insolvency plea against Deccan Chronicle group
Hyderabad 19 July: Ending a five-year long wait for the lenders of Deccan Chronicle Holdings Limited(DCHL), National Company Law Tribunal(NCLT)'s Hyderabad bench on Wednesday ordered the appointment of Interim Resolution Professional(IRP) and also imposed moratorium for the liquidation of the debt-laden media company. The bench has passed the orders in an insolvency petition filed by public sector Canara Bank under section 7 of Insolvency and Bankruptcy Code(IBC), 2016 based on its loan outstanding claim of Rs 723.75 crore from the corporate creditor.Except in a handful of cases where the lenders were able to take possession of certain properties of the company by invoking Sarfaesi Act, the Rs 4,000-crore debt taken from a large number of banks and financial institutions remained largely unpaid ever since the company's existing management for the first and the last time had disclosed the magnitude of its financial obligations way back in 2012.On July 13 the NCLT bench comprising...19-07-2017