Most economic activities back to normalcy in Karnataka: Canara Bank ED
In Karnataka, most economic activities are back to normalcy except schools, colleges and large-scale social gatherings, said A Manimekhalai, Executiv28-12-2020
28-12-2020
Karnataka captures all farmer details under single platform
Canara Bank granted access to FRUITS portal22-12-2020
Canara Bank has exposure of 678 crore to Transstroy
Canara Bank has clarified that it has an exposure of 678.28 crore to Transstroy India Ltd which allegedly committed a bank fraud and is under liquida21-12-2020
Loan fraud: Canara Bank says exposure to Transstroy consortium lending at Rs 678 crore
Canara Bank said in a statement that out of Rs 7,926.01 crore fraud amount the amount of lending made by all the 14 consortium members was Rs.4765.70 Crore noting that the remaining amount was lent under multiple banking arrangement19-12-2020
Canara Bank exposure to Transstroy consortium lending at Rs 678 crore
In a clarification, Canara Bank said the bank's exposure to the Transstroy India is of Rs 678.28 crore contrary to news claiming it to be an alleged fraud of Rs 7,926 crore.19-12-2020
CANARA BANK - 532483 - Clarification In Respect Of News Regarding Alleged Fraud By M/S Transstroy India Ltd - Financial Implication For Canara Bank - Rs.678.28 Crore - Fraud Reported To RBI On 10.02.2020 And 100% Provisions Made.
This has reference to the news item circulating regarding alleged fraud to the tune of Rs.7926 Crore by M/s Transstroy India Ltd . In this regard, it is clarified that the company was enjoying limits from various Banks under Multiple Banking Arrangement from 2001. Subsequently, a Consortium with Canara Bank as Leader with 13 other Banks was formed in 2013 and the total limit sanctioned was Rs.4765.70 Crore and the share of Canara Bank is only Rs.678.28 Crore. The account was declared as fraud and reported to RBI on 10.02.2020. Canara Bank has made 100% provision for this account as per the prescribed prudential norms.19-12-2020
Former MP and TDP leader booked by CBI in bank fraud
The agency conducted raids at the premises belonging to Rao and others in connection with the bank fraud case. Rao was serving as Additional Director of the Hyderabad-based company M/s Transstroy which also stands booked by the CBI. Besides Rao, three others and unknown public servants have also been booked on the basis of a complaint received from Canara Bank.18-12-2020
CANARA BANK - 532483 - Credit Confirmation Of Annual Interest Payment - Regulation 57 (1) Of SEBI Listing Obligations & Disclosure (Requirements) Regulations, 2015 - ISIN: INE667A08047 - Unsecured, Redeemable, Non-Convertible, Basel III Tier II Bond - Coupon Rate: 8.62% - Interest Amount Due On 18-December-2020
This is to inform the Exchanges that the Lower Tier II , Basel III Additional Tier I & Basel III Tier II Bonds issued by Canara Bank on various dates are listed with National Stock Exchange of India Limited for trading under Debt Market segment. As per Regulations 57 (1) of SEBI Listing Obligations & Disclosure (Requirements) Regulations, 2015, we hereby certify that the Annual Interest on our Unsecured, Redeemable, Non-Convertible, Basel III Tier II Bonds with ISIN Number INE667A08047 is paid today, i.e., 18th December, 2020 in time. The details are as enclosed.18-12-2020
CANARA BANK - 532483 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporatio of India17-12-2020
CANARA BANK - 532483 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for President of India15-12-2020