Canara Bank clocks 10.5 per cent jump in Q1 net profit at Rs 3,905 crore
The bank’s net interest income (NII) during the first quarter increased 6 per cent to Rs 9,166 crore from Rs 8,666 crore in the same period last year.
The bank’s net interest income (NII) during the first quarter increased 6 per cent to Rs 9,166 crore from Rs 8,666 crore in the same period last year.
After its official social media handle on X was hacked, Canara Bank on Sunday acknowledged it, saying their X handle…
A host of bank unions have given a call for strike on March 15-16.
Prior to joining the current assignment, Rao was Executive Director, Canara Bank for more than three years where he played a pivotal role in the Bank’s progress and in the amalgamation of Syndicate Bank with Canara Bank.
GM Santanu Kumar Majumdar, Circle Head, Delhi, RO Heads, RAH Heads and other Executives of Delhi Region attended the expo along with the branch in-charges.
In value terms, the gross NPAs or bad loans were of the order of Rs 49,988.56 crore as against Rs 36,860.49 crore.
Earlier this week, the bank had set the floor price for the issue at Rs 103.50 apiece.
During the last hour of trading, the banks stock witnessed huge buying and jumped 16.38 per cent to close at Rs 136.80 on BSE.
All four banks have acquired 6.67 per cent stake each (representing 50,000 equity shares) in firm for a cash consideration of Rs 5 lakh.
Under the globally accepted Basel-III capital regulations, banks need to improve and strengthen their capital planning processes.
