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  1. Four PSU banks gave dividend of Rs 6,481 crore to the government

    Four PSU banks gave dividend of Rs 6,481 crore to the government

    New Delhi: Four public sector banks, including Canara Bank and Indian Bank, on Wednesday handed over dividend checks worth Rs 6,481 crore for the financial year 2023-24 to Finance Minister Nirmala Sitharaman."Smt @nsitharaman received a dividend check of Rs 2,514.22 crore for FY 2023-24 from...
  2. Canara Bank's X account compromised, investigation ongoing

    Canara Bank's X account compromised, investigation ongoing

    BENGALURU: State-owned Canara Bank on Sunday said its account on social media platform X has been 'compromised'."Canara Bank wishes to inform all concerned that the Bank's official Working closely with X to gain access." said in a statement.“We request users not to post anything on our " Is.
  3. Canara Bank official X account hacked

    Canara Bank official X account hacked

    New Delhi: State-owned Canara Bank on Sunday said its X handle has been tampered with and has asked its customers not to use the social media handle until it is restored."Canara Bank wishes to inform all concerned that the official X (formerly Twitter) account of the Bank has been compromised...
  4. Canara Bank says X handle has been tampered with, work is being done to restore it (Lead)

    Canara Bank says X handle has been tampered with, work is being done to restore it (Lead)

    The hacker changed the username of the handle to 'ether.fi'.The official account (@canarabank) has around 2.55 lakh followers."Canara Bank wishes to inform all concerned parties that the official X (formerly Twitter) account of the bank has been compromised," the bank said in a statement...
  5. Canara Bank's social media account hacked on X

    Canara Bank's social media account hacked on X

    Currently, Canara Bank's official account (@canarabank) has 2.55 lakh followers. However, the bank has not yet taken action in response.After the account was hacked till 1:30 pm, no new posts have been made on it.In a similar cyber attack on the night of June 17, the social media platform...
  6. Assam: Six arrested for illegally exchanging old Rs 2000 notes in Karimganj

    Assam: Six arrested for illegally exchanging old Rs 2000 notes in Karimganj

    Karimganj (Assam) [India], Assam Police busted a gang and arrested six people, including two bank officials, who were involved in illegal exchange of old Rs 2000 notes in Karimganj district.Those arrested on Friday were identified as Rakibul Hasan of Barpeta district, Deepjyoti Bezbarua of...
  7. Canara Robeco Asset Management pays Rs 84.82 lakh to SEBI to settle MF rule violation case

    Canara Robeco Asset Management pays Rs 84.82 lakh to SEBI to settle MF rule violation case

    New Delhi, Canara Robeco Asset Management Co Ltd on Tuesday settled a case with market regulator Sebi in a case related to alleged violations of mutual fund norms after paying Rs 84.82 lakh as settlement charges.The case pertained to offsite cum monitoring of mutual funds for the periodApril...
  8. Moody's maintains stable outlook on three Indian public sector banks

    Moody's maintains stable outlook on three Indian public sector banks

    New Delhi [India], Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks - Bank of Baroda (BoB), Canara Bank and Punjab National Bank (PNB). The rating agency maintained a stable outlook on the long-term ratings of the three banks.Explaining the...
  9. PNB Canara will sell 10 percent stake in HSBC Life

    PNB Canara will sell 10 percent stake in HSBC Life

    New Delhi, Punjab National Bank (PNB) on Tuesday said it will sell 10 per cent stake in Canara HSBC Life Insurance Company by listing the insurer on stock exchanges.At present PNB holds 23 percent stake in the insurance company.The Board of PNB, in its meeting held today, has approved...
  10. Canara Bank approved to reduce 14.5 per cent stake in its life insurance venture

    Canara Bank approved to reduce 14.5 per cent stake in its life insurance venture

    New Delhi, Canara Bank on Friday said it has approved the process of diluting 14.5 per cent stake in its life insurance venture Canara HSBC Life Insurance Company.Canara Bank said in a regulatory filing that the bank plans to dilute its stake by listing the company on the stock exchange...
  11. Canara Bank board approves raising Rs 8,500 crore through bonds in FY25

    Canara Bank board approves raising Rs 8,500 crore through bonds in FY25

    New Delhi: State-owned Canara Bank on Friday said the bank's board has approved raising Rs 8,500 crore through bonds to finance business growth in 2024-25.A decision in this regard was taken in the meeting held on Friday.Canara Bank said in a regulatory filing that the bank's board has...
  12. Teams from Bengaluru, Delhi won in the All India Hockey Tournament held in Kovilpatti.

    Teams from Bengaluru, Delhi won in the All India Hockey Tournament held in Kovilpatti.

    Thoothukudi (Tamil Nadu) [India], The All India Hockey Tournament began on Saturday at the artificial turf hockey field in Kovilpatti Krishna Nagar Thoothukudi district of Tamil Nadu. The 16 best teams from different states are participating in the 10-day tournament. Divided into 4 divisions...
  13. Adani Ports to enter Sensex from June 24; Wipro will withdraw

    Adani Ports to enter Sensex from June 24; Wipro will withdraw

    New Delhi: Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday.This is the first time to include an Adani Group company in the Sensex. The group has 10 listed...
  14. 13 companies including Canara Bank, JSW Energy added to MSCI India index

    13 companies including Canara Bank, JSW Energy added to MSCI India index

    New Delhi, According to the May 2024 index review by MSCI, 13 companies including Canara Bank, JSW Energy, NHPC and Jindal Stainless will be included in the MSCI India index at the effective close of business on May 31.According to an announcement, companies joining the MSCI India index...
  15. Canara Bank reports 18.4 percent rise in Q4 net profit, declares dividend of Rs 16 per share

    Canara Bank reports 18.4 percent rise in Q4 net profit, declares dividend of Rs 16 per share

    On a sequential basis, the bank's net profit rose 2.8 per cent in the October-December quarter.The Board of Directors of Canara Bank has recommended a dividend of Rs 16.10 per equity share (161 per cent) at the face value of Rs 10 per share.Canara Bank's Net Interest Income It increased by...
  16. Canara Bank's Q4 profit rises 18 percent to Rs 3,757 crore

    Canara Bank's Q4 profit rises 18 percent to Rs 3,757 crore

    New Delhi, State-owned Canara Bank on Wednesday reported an 18 per cent rise in its net profit to Rs 3,757 crore during the fourth quarter ended March 2024.The Bengaluru-based lender had posted a net profit of Rs 3,175 crore in the same period last year.Canara Bank said in a regulatory...
  17. Broader indices are under big selling pressure

    Broader indices are under big selling pressure

    Among PSU banks, PNB was down 6.4 per cent, Canara Bank was down 5.4 per cent and SBI was down 2.8 per cent.Vinod Nair, head of research at Geojit Financial Services, said domestic indices traded in a range-bound manner influenced by poor performance of PSU banks due to RBI's stricter norms on...
  18. Marshall Weiss sold shares in 21 companies for Rs 2,365 crore

    Marshall Weiss sold shares in 21 companies for Rs 2,365 crore

    New Delhi, UK-based hedge fund Marshall Voice on Tuesday sold its stake in 21 companies including Bank of Baroda, Canara Bank, Bandhan Bank, Manappura Finance and Union Bank of India for Rs 2,365 crore through an open market transaction.Marshall Wace, through its partners – Marshall Wace...
  19. Canara Bank has set May 15 as the record date for stock split.

    Canara Bank has set May 15 as the record date for stock split.

    New Delhi: State-owned Canara Bank on Friday said it has fixed May 15 as the record date to determine the eligibility of shareholders for stock split.Stock splitting is being done with the aim of improving the liquidity of the stock.In February, the bank's board had approved the split of...
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