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Canara Bank Cuts Lending Rates: Home and Auto Loan Borrowers to Benefit from Reduced Interest Rates | Latest Personal Finance Updates

by Team Small News | Apr 25, 2025 | Canara Bank, RBI

In a bid to ease the financial burden on its customers, Canara Bank has announced a reduction in its lending rates. The bank has lowered its Repo Linked Lending Rate (RLLR) by 25 basis points, following the Reserve Bank of India’s (RBI) recent decision to slash...

After RBI’s Interim Repo Rate Cut, Banks Begin Reducing Lending Rates

by Team Small News | Apr 15, 2025 | Canara Bank, Indian Bank, Indian Overseas Bank, RBI

In response to the Reserve Bank of India’s (RBI) 25 basis point reduction in the repo rate on April 9, several banks have begun to cut their lending rates, passing on the benefit to their borrowers. Indian Bank was the first to announce a reduction in its...

NCLAT Gives Green Light for Banks to Pursue Legal Action Against Former IL&FS Directors

by Team Small News | Apr 10, 2025 | Banking, Canara Bank, Indian Bank, RBI

The National Company Law Appellate Tribunal (NCLAT) has passed an order allowing state-owned Canara Bank and Indian Bank to proceed with declaring former directors of Infrastructure Leasing & Financial Services (IL&FS) as willful defaulters, but only if they...
NCLAT permits banks to take action against former IL&FS directors

NCLAT permits banks to take action against former IL&FS directors

by Team Small News | Apr 9, 2025 | Banking, Canara Bank, Indian Bank

The National Company Law Appellate Tribunal (NCLAT) has ruled that state-owned Canara Bank and Indian Bank can pursue legal proceedings against former IL&FS directors who are not part of the new board to declare them as wilful defaulters. However, the tribunal...

NCLAT permits Canara Bank and Indian Bank to take legal recourse against former IL&FS directors, as reported by ET Infra

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...
Electricity consumers can now transfer their security deposits to prominent public sector banks, offering a convenient and secure alternative.

Electricity consumers can now transfer their security deposits to prominent public sector banks, offering a convenient and secure alternative.

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...
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Public Sector Banks

  • Bank of Baroda
  • Bank of Maharashtra
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  • Canara Bank
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  • Equitas Small Finance Bank
  • ESAF Small Finance Bank
  • Jana Small Finance Bank
  • Suryoday Small Finance Bank
  • Ujjivan Small Finance Bank
  • Utkarsh Small Finance Bank

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