Canara Bank
16 Aug 2024 12:00 AM
Canara Bank receives affirmation in credit ratings from India Ratings and Research,
India Ratings and Research (Ind-Ra) has affirmed Canara Bank`s Long-Term Issuer Rating at `IND AAA`. The Outlook is Stable. The instrument-wise rating actions are as follows: InstrumentsAmount (Rs crore) Rating Basel III ATI Bonds4,000 IND AA+/ Stable Infrastructure Bonds 10,000 IND AAA/ Stable Basel III Tier 2 instruments (yet to be issued)12,900 IND AAA/ Stable Basel III AT1 bonds 12,436.1 IND AA+/ Stable Powered by Capital Market - Live News
Canara Bank
09 Aug 2024 12:00 AM
Canara Bank revises MCLRs,
Canara Bank has revised the Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across tenors w.e.f. 12 August 2024. MCLR TenorRate Overnight 8.25% One months 8.35% Three months8.45% Six months 8.80% One year 9.00% Two year 9.30% Three year 9.40% Powered by Capital Market - Live News
Canara Bank
01 Aug 2024 12:00 AM
Canara Bank announces change in management,
Canara Bank has appointed Prabhat Kiran, General Manager as Functional Head of Large Corporate Credit Wing of the bank in place of K H Patnaik, Chief General Manager who has retired from the services of the bank. Powered by Capital Market - Live News
Canara Bank
25 Jul 2024 12:00 AM
Canara Bank consolidated net profit rises 8.79% in the June 2024 quarter,
Net profit of Canara Bank rose 8.79% to Rs 4067.51 crore in the quarter ended June 2024 as against Rs 3738.93 crore during the previous quarter ended June 2023. Total Operating Income rose 14.63% to Rs 29172.97 crore in the quarter ended June 2024 as against Rs 25450.79 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income29172.9725450.79 15 OPM %58.8356.82 - PBDT5422.034932.89 10 PBT5422.034932.89 10 NP4067.513738.93 9 Powered by Capital Market - Live News
Canara Bank
19 Jul 2024 12:00 AM
Canara Bank raises infra bonds of Rs 10,000 cr,
Canara Bank has raised Rs10,000 crore Non-convertible, Taxable, Redeemable, Unsecured, Fully Paid-up Long-Term Infra Bonds in the nature of debentures of face value Rs.1 lakh each at a coupon of7.40%.Powered by Capital Market - Live News
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