Issuance of Additional Tier - I Bonds
Canara Bank has informed BSE that as per the powers delegated by the Board of the bank, the Bond Committee, during the course of its meeting held on February 02, 2015, decided to raise Additional Tier- I instruments amounting to Rs. 1500 Crore through issue of BASEL-III complaint Additional Tier-I Perpetual Bonds by way of Private Placement.The Bank is, now coming out with the issuance of Additional Tier-I Perpetual Bonds for Rs. 1500 Crore... Strike by United Forum of Bank Unions
Canara Bank has informed BSE that:- The Bank has been informed that the United Forum of Bank Unions (UFBU) have given a call for an All India Industry wide Strike on February 25, 2015 and February 28, 2015 and indefinite strike from March 16, 2015 onwards. Announces Q3 results & Limited Review Report for the Quarter ended December 31, 2014
Canara Bank has announced the following Unaudited Standalone results for the quarter ended December 31, 2014:The Bank has posted a net profit of Rs. 6559.70 million for the quarter ended December 31, 2014 as compared to Rs. 4093.50 million for the quarter ended December 31, 2013. Total Income has increased from Rs. 109352.90 million for the quarter ended December 31, 2013 to Rs. 122278.60 million for the quarter ended December 31, 2014. Issuance of Additional Tier - I Bonds - Rs. 1500 Crore
Canara Bank has informed BSE that as per the powers delegated by the Board of the bank, the Bond Committee, during the course of its meeting held on February 02, 2015, decided to raise Additional Tier- I instruments amounting to Rs. 1500 Crore through issue of BASEL-III complaint Additional Tier-I Perpetual Bonds by way of Private Placement.The Bank received ratings of "IND AA" from M/s India Ratings & Research Private Limited & '[ICRA] AA... Q3 results on Feb 04, 2015
Canara Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on February 04, 2015, inter-alia to approve, the Reviewed Financial Results of the Bank, for the Third Quarter and Nine Months ended December 31, 2014 (Q3).In terms of Clause 10(A) of Canara Bank Code of Conduct for Prohibition of Insider Trading, the trading window for dealings in shares of the Bank will remain closed from January 24, 2015... Shareholding Pattern For December 31, 2014
Canara Bank has informed BSE about the Shareholding Pattern as on December 31, 2014. Additional Charge of Managing Director & CEO
Canara Bank has informed BSE that in compliance of the Appointments Committee of Cabinets Order dated December 12, 2014, the Central Government has entrusted the additional charge of the Managing Director & CEO of the Bank to Shri V S Krishnakumar, Executive Director of the Bank, for a period of three months from the date of assumption of charge or till the date of appointment of regular MD & CEO or until further orders, whichever is the earliest, vide the Order dated December 31, 2014. Change in Interest Rates on Deposits - FCNR(B) and RFC
Canara Bank has informed BSE that the Bank has revised interest rates on FCNR(B) and RFC deposits with effect from January 01, 2015. Strike by United Forum of Bank Unions
Canara Bank has informed BSE that the Bank has been informed that the United Forum of Bank Unions (UFBU) have given a call for an All India Industry wide Strike on January 07, 2015 and January 21, 2015 to January 24, 2015.The above is a strike call given by UFBU at Industry Level and not for the issues at Bank level. Changes in Interest Rates on Domestic / NRO/NRE Term Deposits w.e.f. December 10, 2014
Canara Bank has informed BSE that the Bank has revised interest rates on Domestic / NRO /NRE term deposits with effect from December 10, 2014.