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Recapitalisation of PSU banks is on high priority: Jaitley

Finance Minister Arun Jaitley today said recapitalisation to the tune of Rs 2.4 lakh crore (Rs 2.4 trillion) in public sector banks to meet Basel III norms is a 'high priority' item for the......

NPAs render govt banks unfit for pvt Provident Fund deposits

Rising non-performing assets are taking a toll on public sector banks such as State of India, Punjab National Bank and Canara Bank in more ways than one -- these banks are unable to take deposits......

Shikhar Dhawan set to bat for Canara Bank

After a gap of about five years, a public sector bank (PSB) has decided to rope in a cricketer to boost its brand. Bangalore-based Canara Bank is all set to sign India opener Shikhar Dhawan as its......

Deccan Chronicle a/cs: Forensic audit by Canara Bank

The government said on Tuesday Canara Bank is conducting forensic audit of the accounts of troubled Deccan Chronicle Holdings Ltd, which runs a media group and owns an Indian Premier League cricket......

Canara, Union Bank end teaser home loans

Teaser loans may be on their way out with Canara Bank and Union Bank of India opting to withdraw the scheme in anticipation of a high interest rates.The decision to terminate the schemes ahead of......

Bank issues legal notice to Amisha Patel

Canara Bank has issued a legal notice to Amisha Patel and her family seeking recovery of dues amounting to Rs 11.75 crore, loaned to them for financing their business.The notice has been sent to......

Abhinn Shyam Gupta shocked

Reigning national champion Abhinn Shyam Gupta crashed out of the Canara Bank-sponsoredSenior ranking badminton tournament in Bangalore on Friday, losing to Andhra Pradesh's J B S Vidyadhar 15-12,......

  People speak for canara bank

  • QNA
Abhishek Kumar
Q. I don't need some of the saving accounts of nationalized banks. However, I still have to pay annual service charges, quarterly sms charges and maintain a minimum balance to avoid penalty to each of these banks. My questions are:1) What if I maintain zero balance and not bother to use them any more? Will the bank close my account automatically after some time span due to negative balance incurred due to penalties and other charges? If so, can(do) they still claim money and take legal action?2) Is there any way to get my account closed over phone in banks like canara/sbi?
Abhishek Kumar:  A.  more

http://qna.rediff.com/questions-and-answers/i-dont-need-some-of-the-saving-accounts-of-nationalized-bank/27325342/answers/

pravin
Q. Which is the first bank in India to get ISO Certification?
Pravin:  A. u cant closed your account on phone banking go to concerned banks branch and closed all the accounts you dont need more

http://qna.rediff.com/questions-and-answers/which-is-the-first-bank-in-india-to-get-iso-certification/26545652/answers/27325346

SREENIVAS
Q. Amanath co-operative bank will be taken over by Canara Bank. Central minister Rahman Khan is credited with looting three hundred to four hundred Cr rupees in this bank , Instead of taking criminal action against him central govt wants to hand over this to canara bank! There is a risk of latter also becoming sick and since majority of the employees belongs to politicfally considered minority group Canara bank also will become Islamic bank in due course do you agree?
SREENIVAS:  A. Canara Bank more

http://qna.rediff.com/questions-and-answers/amanath-co-operative-bank-will-be-taken-over-by-canara-bank./26494457/answers/26545661

SESIPC SATARA
Q. is it canara bank is nationalized
SESIPC SATARA:  A. jai sri ram , India will become Islamic like this , get votes from the fear more

http://qna.rediff.com/questions-and-answers/is-it-canara-bank-is-nationalized/25456474/answers/26494467

afsa kausar
Q. which are the nationalised banks that offer loans for purchase of plots
Afsa Kausar:  A. yes it is a nationalised bank more

http://qna.rediff.com/questions-and-answers/which-are-the-nationalised-banks-that-offer-loans-for-purcha/25182976/answers/25456498

  Web results for Canara Bank
RBI penalises ICICI Bank, Canara Bank, Yes Bank 9 others

The Reserve Bank said it had "carried out a scrutiny of the loan and current accounts of Deccan Chronicle Holdings, in certain branches of the 12... ...

http://www.moneycontrol.com/news/business/rbi-penalises-icici-bank-canara-bank-yes-bank9-others_1137895.html
RBI penalises 12 banks in the case of M/s. Deccan Chronicle Holdings Ltd

Name of the Bank Amount of Penalty (` in lakh) 1. Andhra Bank 10 2. Axis Bank 15 3. Canara Bank 10 4. Corporation Bank 10 5. HDFC Bank 5 6.... ...

http://www.moneycontrol.com/news/press-release/rbi-penalises-12-banksthe-casems-deccan-chronicle-holdings-ltd_1137813.html
Dabhol lenders propose partial conversion of debt into equity

Lenders to the now closed 1,967 MW Dabhol project has proposed conversion of its partial debt into equity to avoid its declaring it non-performing... ...

http://www.business-standard.com/article/company/dabhol-lenders-propose-partial-conversion-of-debt-into-equity-114072500991_1.html
Canara Bank plans to open over 1,250 branches in two years

Canara Bank, a leading nationalized bank, is planning to open over 1,250 branches and over 3,700 ATMs in the next two years. Earlier, the bank had... ...

http://www.indian-commodity.com/corporate/canara-bank-plans-to-open-over-1-250-branches-in-two-years.aspx
Can Fin Homes net profit up 15%; to raise Rs 300 cr via rights issue

Can Fin Homes Ltd, the Canara Bank sponsored housing finance subsidiary, reported a 15 per cent growth in net profit for the June quarter over the... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/can-fin-homes-net-profit-up-15-to-raise-rs-300-cr-via-rights-issue/article6248785.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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