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...
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... 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...