Bengaluru (Karnataka) [India], Nov 6 (ANI): Government-owned Canara Bank said on Wednesday its net profit during the July to September quarter jumped by 22 per cent year-on-year to Rs 365 crore.
Mumbai (Maharashtra) [India], Sep 23 (ANI): State-owned Canara Bank said on Monday its investment committee has permitted to initiate the process of stake sale in Commonwealth Trust India Ltd (CTIL).
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
Mumbai (Maharashtra) [India], July 24 (ANI): State-owned Canara Bank said on Wednesday its net profit in the April to June quarter rose 17 per cent year-on-year to Rs 329 crore due to improved asset quality and lower provisions.
Thiruvananthapuram (Kerala) [India], May 14 (ANI): A mother-daughter duo allegedly attempted suicide by setting themselves ablaze fearing the confiscation of their house after defaulting on a bank loan. Both of them have succumbed to their injuries.
Ranchi (Jharkhand) [India], Mar 12 (ANI): The Central Bureau of Investigation on Tuesday registered a case against Ranchi Expressway Limited, Madhucon Group of Companies and officials of Consortium of Banks led by Canara Bank for alleged irregularities in the Ranchi-Jamshedpur (NH-33) projec
Mumbai (Maharashtra) [India], June 28 (ANI): The Central Bureau of Investigation (CBI) on Thursday filed a charge sheet in the special CBI court in Mumbai against absconding diamond merchant Jatin Mehta and his wife Sonia Mehta in connection with a bank fraud scam.
New Delhi [India], Apr. 11 (ANI): The Central Bureau of Investigation (CBI) on Wednesday initiated a probe, in connection with the loan given to celebrity jeweller Nirav Modi's uncle and business partner, Mehul Choksi-led Gitanjali Group, by a 31-bank consortium.