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Risks that PSU lenders will face from payments banks

The proposed Payments Banks will increase competition for the public sector lenders and could also pose risks to their market share over the long-term, Fitch Ratings said Thursday. The Reserve Bank......

Reforms plan fires PSU bank stocks

But experts say govt has hardly given up control in these entitiesShares of public sector banks, led by Bank of Baroda, rallied sharply on Monday, defying the overall weakness in the market. The......

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment and directed to pay Rs three crore  (Rs 30 million)compensation......

Private sector staff to head state-owned banks?

Currently, top positions are vacant at three large state-run banks -- Bank of Baroda, Canara Bank and Punjab National Bank The government might consider candidates from the private sector to head......

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......

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,......
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Their Wait for Better Roads Gets Longer

CHENNAI: The streets in the vicinity have been named after the great men of the past including Anna, Vivekananda, Rajaji, Sathya Murthi and VOC.... ...

http://www.newindianexpress.com/cities/chennai/Their-Wait-for-Better-Roads-Gets-Longer/2015/09/01/article3003336.ece
Banks approach police, UAE central bank over Atlas Jewellery defaults

Ramachandran, who himself was a banker before setting up the jewellery store chain, has been at a detention centre in Bur Dubai for almost a week... ...

http://indianexpress.com/article/india/india-others/indian-and-dubai-based-banks-approach-police-and-uae-central-bank-over-defaults-by-m-m-ramachandran/
HDFC Bank, Canara, Axis cut lending rates

New Delhi : Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank on Tuesday... ...

http://www.deccanchronicle.com/150901/business-latest/article/hdfc-bank-canara-axis-cut-lending-rates
Govt to infuse Rs947 crore in Canara Bank

New Delhi: Canara Bank on Monday said the government will infuse an equity capital of Rs. 947 crore in the bank. It said the board of the bank at a... ...

http://www.livemint.com/Industry/3WsJ6gaOyMKy6h2I9GDOUI/Govt-to-infuse-Rs947-crore-in-Canara-Bank.html
Canara Bank to get Rs.947 crore capital infusion

Public sector Canara Bank on Monday said its board has approved raising capital to the tune of Rs.947 crore from the central government on... ...

http://www.prokerala.com/news/articles/a581013.html

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