West Bengal exhorts financial players to invest in state
August 23rd, 2012 - 6:52 pm ICT by IANS
New Delhi, Aug 23 (IANS) The union urban development ministry and the West Bengal government Thursday exhorted banking and financial institutions to set up their branches at its International ... Read more...
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Fitch cuts SBI, PNB, ICICI Bank outlook to negative (Lead)
June 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, June 20 (IANS) Global ratings agency Fitch Wednesday cut its outlook on leading Indian financial institutions, including State Bank of India (SBI), ICICI Bank and Punjab National Bank ... Read more...
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Fitch revises ratings for 11 Indian financial institutions
June 20th, 2012 - 4:23 pm ICT by IANS
Chennai, June 20 (IANS) Credit rating agency Fitch Ratings Wednesday announced the revision of the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of ... Read more...
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105 branches of Canara Bank inaugurated
May 28th, 2012 - 11:47 pm ICT by IANS
Agra, May 28 (IANS) The executive director (ED) of Canara Bank Monday opened 105 ultra-small branches of Canara Bank and 100 ultra small branches of Shreyas Gramin Bank at a ... Read more...
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Canara Bank quarterly net profit declines 7.76 percent
May 10th, 2012 - 4:36 pm ICT by IANS
New Delhi, May 10 (IANS) Canara Bank Thursday posted a decline of 7.76 percent in net profit at Rs.829 crore for the quarter ended March 31 against Rs.898 crore during ... Read more...
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Nine Woman GMs for National Chess
October 28th, 2011 - 7:05 pm ICT by IANS
Chennai, Oct 28 (IANS) Nine Woman Grandmasters, including World junior girls champion Sowmya Swaminathan from Pune, will be taking part in the Velammal 38th National women's premier chess championship that ... Read more...
Posted in Sports |
Four convicted for fraud
August 25th, 2011 - 11:26 pm ICT by IANS
New Delhi, Aug 25 (IANS) Four people, including a former assistant general manager of Canara Bank, were sentenced to three years of imprisonment by a CBI court in Bangalore for ... Read more...
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PNB to finalise life insurance joint venture
July 7th, 2011 - 12:27 am ICT by IANS
Chennai, July 6 (IANS) Public sector Punjab National Bank (PNB) is likely to firm up its life insurance foray by this September, said a top official here Wednesday."We are ... Read more...
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Pay commercial taxes online in Karnataka
May 12th, 2011 - 9:31 pm ICT by IANS
Bangalore, May 12 (IANS) The Karnataka government, in association with the Reserve Bank of India (RBI), Thursday unveiled an electronic payment (e-payment) and reconciliation system for commercial tax payers ... Read more...
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Kamath, the force behind ICICI’s rise (Profile)
May 1st, 2011 - 3:52 am ICT by IANS
Bangalore, April 30 (IANS) K.V. Kamath, the new chairman of India's second largest IT company Infosys, is a mechanical engineer-turned banker who is best known for turning ICICI into India's ... Read more...
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Wipro-Canara Bank ink rural banking deal
March 10th, 2011 - 10:43 pm ICT by IANS
Bangalore, March 10 (IANS) Global software major Wipro Infotech Thursday signed a five-year deal with state-run Canara Bank to implement its regional rural bank initiative.To begin with, the IT bellwether ... Read more...
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71 officials penalised for corruption
December 3rd, 2010 - 10:33 pm ICT by IANS
New Delhi, Dec 3 (IANS) As many as 71 officials from various central government departments were penalised for corruption by the Central Vigilance Commission (CVC) in the month of October, officials ... Read more...
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Panel to clean up financial sector laws soon: Mukherjee
November 19th, 2010 - 9:59 pm ICT by IANS
New Delhi, Nov 19 (IANS) The government will soon set up a commission to "rewrite and clean up" financial sector laws, in a bid to make them more relevant to the ... Read more...
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Mukherjee urges Opposition to end 2G scam stalemate
November 19th, 2010 - 6:10 pm ICT by ANI
New Delhi, Nov 19 (ANI): Union Finance Minister Pranab Mukherjee on Friday appealed to all political parties to help end the deadlock over the 2G spectrum allocation scam, saying the matter ... Read more...
Posted in National |
Canara Bank Q2 profit up 11 percent to Rs.1,007.9 crore
October 20th, 2010 - 8:10 pm ICT by IANS
Mumbai, Oct 20 (IANS) Canara Bank said Wednesday its net profit rose 10.69 percent to Rs.1,007.88 billion in the second quarter of the current fiscal.The bank has posted a net profit ... Read more...
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CBI files charge sheet against bank manager, others for Rs.4.78 crore fraud
October 9th, 2010 - 7:52 pm ICT by ANI
New Delhi, Oct.9 (ANI): The Central Bureau of Investigation (CBI) has filed 13 charge sheets against R.K.Goswami, the then Senior Manager of Canara Bank at Kolkata's College Street Branch, besides 25 private ... Read more...
Posted in National |
Supreme Court allows Ketan Parekh to go aboard (Lead)
October 1st, 2010 - 8:12 pm ICT by IANS
New Delhi, Oct 1 (IANS) The Supreme Court Friday permitted former stock broker Ketan V. Parekh, one of the key players in the mid-1990s' securities scam, to travel abroad for two months ... Read more...
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Supreme Court allows Ketan Parekh to travel abroad
October 1st, 2010 - 12:48 pm ICT by IANS
New Delhi, Oct 1 (IANS) The Supreme Court Friday permitted former stock broker Ketan B. Parekh, who has been convicted of money laundering, to travel abroad for two months for the treatment ... Read more...
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Rs.3 lakh looted in Ranchi
September 22nd, 2010 - 10:09 pm ICT by IANS
Ranchi, Sep 22 (IANS) Unidentified criminals looted Rs.3 lakh from the employees of a shop when they were going to deposit the money in a bank here Wednesday, police said.
Police said two ... Read more...
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‘Graft cases pending against 41 officials’
August 13th, 2010 - 4:15 pm ICT by IANS
New Delhi, Aug 13 (IANS) The Central Vigilance Commission (CVC) has disclosed that cases of corruption against 41 government officials are pending for prosecution for over four months.
According to the CVC, these ... Read more...
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Woman bank employee arrested for killing colleague
July 17th, 2010 - 8:12 pm ICT by IANS
New Delhi, July 17 (IANS) A 27-year-old bank employee was Saturday arrested for conspiring with her friend to kill her colleague, police said.
Renu, a Delhi University graduate, was nabbed after her friend ... Read more...
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Three held for killing bank employee
July 14th, 2010 - 11:59 pm ICT by IANS
New Delhi, July 14 (IANS) Three people were arrested for killing a bank employee over his relationship with a woman colleague, police said Wednesday.
Dilip Kumar, 27, an employee of the Canara ... Read more...
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CBI arrests three for defrauding bank
July 9th, 2010 - 12:12 am ICT by IANS
Chandigarh, July 8 (IANS) The Central Bureau of Investigation (CBI) has arrested three people from New Delhi for defrauding a bank here of over Rs. 1.30 crore, officials said Thursday.
From Oct ... Read more...
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Education loan subsidy scheme finalised
June 24th, 2010 - 7:15 pm ICT by IANS
New Delhi, June 24 (IANS) To make education loans cheaper, a scheme was finalised Thursday to provide full interest subsidy on the loans taken by students with annual family income below Rs.4.5 ... Read more...
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Karnataka reaps bonanza at global investors meet (Roundup)
June 5th, 2010 - 12:04 am ICT by IANS
Bangalore, June 4 (IANS) Karnataka concluded the Global Investors Meet (GIM 2010) late Friday on a high note, with investments worth Rs.4 trillion (about $.85 billion) flowing in for about 400 ... Read more...
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Adrian, Sandeep, Diwakar dropped for Azlan Shah hockey
April 24th, 2010 - 8:57 pm ICT by IANS
New Delhi, April 24 (IANS) Drag flickers Sandeep Singh and Diwakar Ram and goalkeeper Adrian D'Souza have been axed from the 18-member Indian hockey squad for the 19th Sultan Azlan Shah ... Read more...
Posted in Sports |
Canara HSBC Oriental Life to infuse Rs.300 crore
April 13th, 2010 - 3:52 pm ICT by IANS
Chennai, April 13 (IANS) The Canara HSBC Oriental Bank of Commerce Life Insurance Company has decided to infuse Rs.300 crore this fiscal for operational expansion.
Post-infusion, the company's equity will shoot up to ... Read more...
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Banks not to hike rates till monetary policy review
April 5th, 2010 - 9:02 pm ICT by IANS
Mumbai, April 5 (IANS) Commercial banks will maintain a status quo on interest rates till such time the Reserve Bank of India (RBI) reviews its monetary policy April 20, an ... Read more...
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National Commodity Exchange mulls rights issue
December 12th, 2009 - 5:59 pm ICT by IANS
Chennai, Dec 12 (IANS) The National Commodity and Derivatives Exchange (NCDEX) is planning a Rs.30 crore rights issue to increase its equity base.
"We have to increase our equity capital by Rs.20 crore ... Read more...
Posted in Business |
Canara Bank net profit up 72 percent in second quarter
October 26th, 2009 - 6:10 pm ICT by IANS
Bangalore, Oct 26 (IANS) State-run Canara Bank posted a net profit of Rs.910 crore for the second quarter this fiscal, registering a whopping 72 percent growth over the like period last fiscal ... Read more...
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Commodity exchange to introduce 15 products in spot market
August 8th, 2009 - 5:44 pm ICT by IANS
Kolkata, Aug 8 (IANS) National Commodity and Derivatives Exchange Ltd (NCDEX) is planning to introduce 15 agricultural commodities that are currently being traded in the futures in the spot market, a top ... Read more...
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Canara Bank first quarter net zooms 353 percent
July 22nd, 2009 - 8:54 pm ICT by IANS
Bangalore, July 22 (IANS) State-run Canara Bank Wednesday reported a net profit of Rs.555 crore for the first quarter this fiscal, registering a whopping 353 percent year-on-year (YoY) increase over the Rs.123 ... Read more...
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More state-owned banks reduce lending rates (Lead)
December 29th, 2008 - 8:50 pm ICT by IANS
New Delhi, Dec 29 (IANS) Dena Bank, Punjab National Bank (PNB) and Bank of Baroda will reduce their benchmark prime lending rates (BPLR) from Jan 1, the three state-owned banks announced Monday.Dena ... Read more...
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More banks follow State Bank, cut lending rates
December 22nd, 2008 - 9:34 pm ICT by IANS
New Delhi, Dec 22 (IANS) Three state-owned banks - Bank of India, Bank of Baroda and Canara Bank - took the cue from leader State Bank of India (SBI) to cut prime ... Read more...
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India International Trade Fair inaugurated
November 14th, 2008 - 3:50 pm ICT by IANS
New Delhi, Nov 14 (IANS) The 28th edition of the India International Trade Fair was inaugurated by Vice President M. Hamid Ansari at the Pragati Maidan show grounds here Friday with Pakistan ... Read more...
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