by Team Small News | Jun 1, 2025 | Canara Bank
Canara Bank, a major public sector lender, has announced a significant move to enhance financial inclusion and customer convenience. As of June 1, 2025, the bank will no longer impose penalties on customers for non-maintenance of minimum balance in their savings...
by Team Small News | May 31, 2025 | Canara Bank
In a significant move, Canara Bank, a major public sector bank, has waived the average monthly balance (AMB) requirement for all its savings bank accounts. This decision makes Canara Bank the first major public sector bank to eliminate AMB-related charges, allowing... by Team Small News | May 26, 2025 | Canara Bank, RBI
A shocking incident of counterfeit currency has been reported in Agra, Uttar Pradesh. Fake notes were detected at a branch of Canara Bank in the city, and what’s even more alarming is that these notes had reached the Reserve Bank of India (RBI) before being...
by Team Small News | May 20, 2025 | Canara Bank
For many, owning a car is a longstanding aspiration, with a diverse array of options available to suit various budgets, from sleek sports cars to luxurious vehicles. The financial hurdle of purchasing a car has been significantly lowered by the availability of car...
by Team Small News | May 15, 2025 | Canara Bank, Indian Overseas Bank
A fixed deposit (FD) is a popular investment option where a lump sum of money is deposited for a fixed period of time in exchange for a predetermined interest rate from banks and financial institutions. This type of investment provides a low-risk and stable return,...
by Team Small News | May 14, 2025 | Axis bank, Bank of Maharashtra, Canara Bank, HDFC Bank, ICICI Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) has mandated that all retail floating-rate loans, including home loans, be linked to an external benchmark, typically the RBI’s repo rate, since October 1, 2019. This means that when the RBI reduces the repo rate, banks are...