by newsworm | Apr 3, 2025 | Banking, Canara Bank
The state-run Canara Bank has announced significant changes in its board by elevating six General Managers to the post of Chief General Manager. The newly promoted executives are seasoned bankers who have been with the bank for several years. The six executives are:...
by newsworm | Mar 28, 2025 | Banking, Canara Bank
Fitch Ratings has reaffirmed Canara Bank’s Long-Term Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook, along with its Viability Rating (VR) at ‘bb-‘ and Government Support Rating (GSR) at ‘bbb-‘. The ratings are...
by newsworm | Mar 28, 2025 | Banking, Canara Bank
The Karnataka High Court has intervened to protect the rights of a retired bank employee, Murugan O K, who was facing difficulties in settling his loan dues. The court has directed Canara Bank to refrain from debiting more than 50% of Murugan’s pension to settle...
by newsworm | Mar 27, 2025 | Banking, Canara Bank, Punjab National Bank, RBI, State Bank of India
The State Bank of India (SBI) has generated substantial revenue from ATM cash withdrawals, whereas other public sector banks (PSBs) have faced financial challenges in this area. According to a response in the Lok Sabha, SBI made a profit of Rs 2,043 crore from ATM...
by newsworm | Mar 22, 2025 | Banking, Canara Bank
Canara Bank, as part of its Corporate Social Responsibility (CSR) initiative, has donated cricket kits to Nizamabad Government Medical College. The event, which took place in Nizamabad, was attended by several prominent officials from Canara Bank, including Hyderabad...
by newsworm | Mar 20, 2025 | Banking, Canara Bank, Union Bank of India
The 2025 All India Public Sector Hockey Tournament was held at the SAI hockey ground in Kolkata, and Canara Bank from Bengaluru emerged as the champions. They defeated Union Bank of India from Mumbai 4-2 in a penalty shootout after the match ended 3-3 in regular time....