by Team Small News | Apr 8, 2025 | Banking, Canara Bank, Indian Bank, RBI
The National Company Law Appellate Tribunal (NCLAT) has ruled that state-owned Canara Bank and Indian Bank can pursue proceedings against former directors of Infrastructure Leasing & Financial Services (IL&FS) who are not part of the new board to declare...
by Team Small News | Apr 6, 2025 | Banking, Canara Bank, Indian Bank, State Bank of India
The Electricity Department of the Andaman and Nicobar Islands has announced that consumers can now transfer their electricity security deposits from the Andaman and Nicobar State Cooperative Bank (ANSCB) to any of the solvent Public Sector Banks operating in the...
by Team Small News | 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 Team Small News | 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 Team Small News | 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 Team Small News | 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...