Canara Bank aims to improve bottom line further with focus on lending biz
Recording over two-fold jump in its net profit, Canara Bank aims to improve its bottom line further with balanced focus on advances to retail businesses, coupled with greater focus on digitisation
CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Newspaper Publication
With reference to the above, we hereby enclose the copies of Newspaper Publication regarding 'Exercise of Call Option and payment of Interest/Redemption amount in respect of 9.80% Canara Bank Unsecured, Non-convertible Basel III compliant Additional Tier I Bond Series V (ISIN: INE667A08104) issued on 25-Jul-2017' published in Financial Express (English), Kannada Prabha (Kannada) and Jansatta (Hindi) on 17.06.2022. This is for your information and records. CANARA BANK - 532483 - Reg. 34 (1) Annual Report.
We have noticed an inadvertent typographical error on page number 267 of the Annual Report of the bank for the year 2021-22. Errata: Page 267, Point No. 5 - Exposures - a) Exposure to Real Estate Sector - i) Direct Exposure as on 31.03.2022 - Rs. 954052.46 Crores may be read as Rs. 95402.46 Crores The Annual Report incorporating the aforesaid is enclosed herewith. The same is also available on the website of the bank at www.canarabank.com at 'Investor Relations' under 'Annual Reports' (https://canarabank.com/media/8596/Annual%20Report%202021-22.pdf). This is for your information and appropriate dissemination. CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Credit Rating
The Exchanges are hereby informed that the Fitch Ratings (Rating Agency) has revised the Outlook to Stable from Negative on the Long-Term Issuer Default Ratings (IDR) of the Bank. The details of the rating along with the rating rationale are available on their website (https://www.fitchratings.com/). A copy of the ratings along with the rating rationale is also enclosed herewith. This is for your information and appropriate dissemination. CANARA BANK - 532483 - Board Meeting Intimation for Capital Raising Plan For The FY 2022-23
CANARA BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/06/2022 ,inter alia, to consider and approve Capital Raising Plan for the FY 2022-23 CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Newspaper Publication
With reference to the above, we hereby enclose the copies of Newspaper Publications in respect of 20th Annual General Meeting - Election of Two Shareholder Directors published in Financial Express (English), Kannada Prabha (Kannada) and Jansatta (Hindi) on 14.06.2022 This is for your information and records. CANARA BANK - 532483 - Exercising Of Call Option Of Basel III Compliant Additional Tier-I Bonds (ISIN: INE667A08104)
Vide our above referred letter, we had informed the Stock Exchanges that the Bank has decided to exercise the call option on 9.80% Unsecured Non-Convertible Basel III Compliant Additional Tier I Bonds (ISIN: INE667A08104) issued by the Bank and permission from the Reserve Bank of India has already been received for the same. Further, we wish to inform that the Bank is in process of exercising the call option on the due date, i.e., 25th July 2022 as per the terms of issuance. Kindly acknowledge receipt and take the same on record. CANARA BANK - 532483 - 20Th Annual General Meeting Of The Bank - Election Of Two Shareholder Directors
With reference to our intimation dated 6th May, 2022 on the captioned subject and further to detailed Notice dated 18th May, 2022 convening 20th Annual General Meeting of the Bank for Election of Two Shareholder Directors of the Bank from amongst shareholders other than the Central Government of India, the following nominations are found to be valid and also 'Fit & Proper' by the Nomination and Remuneration Committee of the Board as enclosed.
Canara Bank hikes certain MCLR from tomorrow: Details here
Canara Bank hikes marginal cost of funds-based lending rate (MCLR) by 5 basis points for six-month and one-year terms, effective from June 7. CANARA BANK - 532483 - Announcement under Regulation 30 (LODR)-Interest Rates Updates
The Exchanges are hereby informed that the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect from 07.06.2022 is as enclosed.