ED Canara Bank

Government Appoints H S Ahluwalia As ED of Canara Bank

Government has appointed Shri Hardeep Singh Ahluwalia as Executive Director of Canara Bank effective from 07th Feb 2023. Earlier to this, Sri Ahluwalia was General

canara bank MD and CEO

Government Appoints K Satyanarayana Raju as MD & CEO Of Canara Bank

Government of India has appointed Mr. K Satyanarayana Raju as MD & CEO Of Canara Bank from February 7, 2023. He succeeded Shri L V

RBI Bans SBM Bank from LRS

RBI Bans SBM Bank From LRS Remittance transactions

In a surprise move, the Reserve Bank of India, RBI bans SBM Bank from LRS remittance transactions and instructed to stop it immediately.  The action

Credit Rating of Canara Bank

Moody’s Upgrades Credit Rating of Canara Bank, PNB & BOB

A good show in previous three quarters by Public Sector Bank has strengthen their rating also. The rating agency Moody’s has upgraded the Credit Rating

Bank Fraud

6 Missed Calls and Rs 2 Crore Gone in a Bank Fraud

6 Missed Calls, 28 Transactions and Rs 1.80 Crore Gone in a rare Bank Fraud incident reported in Mumbai by a Businessman. Though the Cyber Crime

Home Loan EMI Increased

Home Loan EMI Increased By 25% in 6 Months

Home Loan EMI Increased By 25% in 6 Months, due to hike in Repo rate by Reserve Bank of India (RBI). Earlier all type of

Canara Bank Revised MCLR

Canara Bank Revised MCLR By 0.05%, Loans EMI Will Go Up

Public Sector Canara Bank Revised MCLR  By 0.05% across all tenors. The hike in Marginal Cost of Funds Based Lending Rate (MCLR) will impact the

Bank of the Year Award

Canara Bank Receives the Banker’s Bank of the Year Award

Canara Bank Receives the Banker’s Bank of the Year Award 2022 and judged as Best Bank in India. The award was announced for the India