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Canara Bank is the fourth largest Public sector bank after SBI ,PNB & BOB .Pre dominantly a South India based bank ,the bank is known for its Strong business base in South India with main focus on Gold & Agri Loans. It is the second largest Gold Loan portfolio based bank after SBI .Canara Bank was founded in 1906 in Mangalore. Its segments include Treasury Operations, Retail Banking Operations, Wholesale Banking…
Canara Bank has informed that employee unions plan to go on multiple strikes. While the bank is taking necessary steps to ensure smooth operations, branch and office functioning may be impacted if the strikes materialize. Investors should watch for potential disruptions in banking services.
Canara Bank has informed the Exchange about Copy of Newspaper Publication
ICRA has reaffirmed the [ICRA]AA+ (Stable) rating on Canara Bank’s Basel III Tier I bonds and assigned a new [ICRA]AA+ (Stable) rating to an additional Rs. 4,500 Cr. Furthermore, ICRA reaffirmed the [ICRA]AAA (Stable) rating on its Basel III Tier II bonds, reaffirmed and withdrew the rating on Rs. 3,000...
ICRA has assigned an [ICRA]AA+ (Stable) rating to Canara Bank’s Basel III Tier I bonds worth 4,500.00 Cr and reaffirmed existing ratings for its Basel III Tier I bonds of 11,000.00 Cr, Basel III Tier II bonds of 8,500.00 Cr, and certificates of deposit of 20,000.00 Cr. Additionally, the rating...
India Ratings & Research affirmed Canara Bank's Issuer Rating, Infrastructure Bonds (INR 10,000 Cr), and Basel III Tier 2 Instruments (INR 9,500 Cr) at 'IND AAA/Stable'. New Basel III AT1 Bonds (INR 4,500 Cr) were assigned 'IND AA+/Stable', with existing AT1 Bonds (INR 12,000 Cr) reaffirmed at the same rating,...