Change in Base Rate
Canara Bank has informed BSE that the Board of the Bank has approved reduction in the Base Rate by 10bps from 10.00 % to 9.90 % for loans / advances effective from September 03, 2015.31-08-2015
31-08-2015
Government to Infuse Rs 947 Crore in Canara Bank
It said the board of the bank at a meeting held on Monday approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.31-08-2015
Updates on Outcome of Board Meeting (EGM on Sept 29, 2015)
Canara Bank has informed BSE that the Board of Directors of the Bank at its meeting held on August 31, 2015, had considered and approved the proposal regarding raising of Capital by way of Preferential Allotment of Equity Shares in favour of Government of India amounting to Rs. 947 Crore (Rupees Nine Hundred and Forty Seven Crore only).The Managing Director & CEO, as per the authority delegated by the Board, has approved the following :...31-08-2015
Issuance of Equity Capital on Preferential Allotment to Government of India
Canara Bank has informed BSE that Based on the letter received from the Government of India on Infusion of Capital Funds, the Board of the Bank, in its meeting held on August 31, 2015 has considered and approved the proposal regarding raising of Capital by way of Preferential Allotment of Equity Shares in favour of Government of India amounting to Rs. 947 Crore (Rupees Nine Hundred and Forty Seven Crore only).31-08-2015
All India Bank Strike on September 02, 2015
Canara Bank has informed BSE regarding "All India Bank Strike on September 02, 2015".24-08-2015
Appointment of Non-Official Director/Non-Executive Chairman
Canara Bank has informed BSE that in exercise of the powers conferred by clause (h) of sub-section (3) of section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 & clause 5 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with the Reserve Bank of India, has appointed Shri Thothala Narayanasamy...20-08-2015
Help safeguard public assets, says AIBOC
Members of AIBOC (All India Bank Officers Confederation) met here on Wednesday evening to condemn the attack of an officer of Canara Bank's Somandurai Branch near Pollachi last week. AIB...20-08-2015
Buy Bank of Baroda, Sell Canara Bank: Daljeet Kohli
Daljeet Kohli of IndiaNivesh Securities says recent gains in state-run banks are not justified because the government's 7-point reform plan to shake up the banking sector lacks a concrete strategy to ...18-08-2015
Why This State-Run Bank Jumped 17% Today
Bank of Baroda shares gained as much as 17 per cent, while Canara Bank advanced over 5 per cent on Monday on account of a series of reforms announced by the government on Friday.17-08-2015
Additional charge of the Managing Director & CEO
Canara Bank has informed BSE that Shri P S Rawat, Executive Director of the Bank is hereby entrusted the additional charge of the Managing Director & CEO of the Bank for a further period of three months w.e.f. July 01, 2015 or till the date of appointment of regular MD & CEO or until further orders, whichever is the earliest in compliance of the Appointments Committee of Cabinets Order dated August 11, 2015, vide the Order dated August 13, 2015...14-08-2015