Early warning system to rein in NPAs
An automated Early Warning System has been put in place for early identification of probable NPAs, along with reasons for…
05 SEP 2019
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Canara Bank board likely to meet on 13 September, consider capital infusion
Public sector lender Canara Bank’s board is most likely to meet on 13 September to consider the government of India’s…
04 SEP 2019
RBI recommends allowing FPIs to directly purchase distressed loans
The task force formed by the Reserve Bank of India (RBI) has recommended several measures in order to develop a…
04 SEP 2019
Sarada Kumar Hota appointed as National Housing Bank MD
Sarada Kumar Hota, managing director (MD) and chief executive officer of Can Fin Homes has been appointed as the MD…
29 JUN 2019
Canara Bank, life insurance wing to introduce ‘Webassurance’
Public sector lender Canara Bank and its life insurance partner Canara HSBC Oriental Bank of Commerce Life Insurance are soon…
28 APR 2019
Centre nominates seven RBI Directors across various PSBs
The Government has nominated seven Directors, commonly known as RBI Directors, to the board of various Public Sector Banks (PSBs).…
27 APR 2019
Former Canara Bank MD Rakesh Sharma joins IDBI Bank as MD, CEO
Canara Bank’s former Managing Director Rakesh Sharma yesterday took charge as IDBI Bank’s Managing (MD) and Chief Executive Officer (CEO).…
11 OCT 2018
Top SBI executives may replace PSU Banks chiefs: Official Sources
Aimed at sending a strong message to banks found involved in thousands of crores of fraud, the Finance Ministry is…
22 MAY 2018
Canara Bank unveils two digital products
In a bid to promote cashless economy, major public sector lender Canara Bank has two new digital products in namely…
12 AUG 2017
Canara Bank launches “CANDI”-its first digital branch in Bengaluru
Taking its ambitious vision of moving into cashless banking, Public sector lender Canara Bank has launched its first ‘Digital Banking…
28 JUL 2017
