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Canara Bank News

05 Dec 2024

Canara Bank Hikes FD Interest Rate From 1 December 2024 -- Check Latest Rates

Canara Bank's new FD rates are effective from 1 December 2024, according to the bank's official website.

25 Jul 2024

Canara Bank Clocks 10.5% Jump In Q1 Net Profit At Rs 3,905 Crore

The net NPA ratio of the lender declined to 1.24 per cent from 1 1.57 per cent in Q1FY24.

07 May 2024

Bhaad Mein Jaye Family: Canara, Bandhan Bank Officers Abuse Employees --WATCH

Senior employees of Bandhan Bank and Canara Bank are seen hurling abuses on the subordinates for not meeting their targets. Watch viral video.

Latest FD Rates

23 Mar 2024

1 vs 3 vs 5 Year FD Rates: Check How Much Return You Will Get From Major Banks

The maturity period of FDs is from 7 days to 10 years. Here's the comparison of different FD rates. The rates mentioned above are as of March 20.

27 Feb 2024

RBI Imposes Penalties Amounting To Nearly Rs 3 Crore On SBI, Canara Bank

RBI has imposed Rs 2 crore penalty on SBI, Rs 66 lakh penalty on City Union Bank Limited, Rs 32.30 lakh penalty on Canara Bank and Rs 16 lakh penalty on Ocean Capital Market Ltd.

home loan rates

16 Dec 2023

Latest Loan Interest Rates 2023: Check Rates Of Leading Banks Here

As you know, changes in MCLR and RLLR have a direct impact on the loan rates. As a result, these adjustments alter the Equated Monthly Installments (EMIs) of borrowers.

26 Oct 2023

Canara Bank Reports 43% Growth In Q2 PAT At Rs 3,606 Cr

As on September 30, Canara Bank’s gross non performing assets (GNPA) and net NPA stood at Rs 43,955.59 crore (Rs 52,485.14 crore) and Rs 12,554 crore (Rs 17,286.13 crore), respectively. The capital adequacy ratio stood at 16.20 per cent as at September 2023.

22 Oct 2023

5 Best Fixed Deposit Plans To Invest This Festive Season To Grow Your Wealth

21 Sep 2023

Latest FD Rates 2023: 7 Major Banks Offering Up To 7.5% Interest

Senior citizens fd

16 Aug 2023

Senior Citizen Fixed Deposit: Four Banks Hike Interest On FDs This Month

Lenders have increased their interest rates on FDs to woo investors and depositors. Recently, RBI kept the repo rate unchanged, encouraging banks to hike interest rates. The following banks are now offering hike interest rates for senior citizens.

23 Apr 2023

Latest FD Rates 2023: SBI vs HDFC vs ICICI vs PNB vs Canara Bank Compared

12 Apr 2023

Canara Bank Hikes MCLR From Today; Home, Auto, Personal Loan EMIs To Go Up

Canara Bank also added that existing borrowers of the Bank shall have an option to switch over to interest rates linked to MCLR other than Fixed Rate Loans.

06 Apr 2023

Canara Bank Hikes FD Interest Rate -- Check Latest Rates Here

Canara Bank's new FD rates are effective from March 5, 2023, according to the bank's official website.

11 Mar 2023

Canara Bank Revises Home, Other Loan Interest Rates: How Much EMIs Will Go Up

The overnight MCLR was raised by Canara Bank by 35 basis points to 7.90 percent, and the one-month MCLR was raised by 45 bps to 8 percent.

17 Feb 2023

Banks Hikes Lending Rates in February 2023: Check List Here

13 Feb 2023

Good News for Loan Borrowers! THIS Public Bank Reduces Lending Rate by 15 bps

Canara Bank has lowered lending rates by 15 basis points. Reserve Bank of India increased the repo rate by 25 basis points. On a loan for a house valued at 9.25 percent, the bank offers a 0.25 percent discount.

11 Feb 2023

Unlike Other Lenders, Canara Bank Cuts Lending Rate by 15% Amid Repo Rate Hike

Reserve Bank of India (RBI) hiked the repo rate the sixth time to 6.50% in the February 6-8 Monetary Policy Committee meeting to rein high inflation.

14 Jan 2023

THESE banks revised FD rates in 2023: Check calculator, latest rates

08 Jan 2023

THESE govt banks are offering HIGHEST interest rates on FDs: Check calculator

State Bank of India

07 Jan 2023

PIB debunks media report on Bank Privatisation, Deets inside

Finance Minister Nirmala Sitharaman had last yera said "interests of workers of banks which are likely to be privatised will absolutely be protected whether their salaries or scale or pension all will be taken care of". Explaining the rationale behind the privatisation, Sitharaman had said that banks in the country needed to be bigger, just like the State Bank of India (SBI).

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