Canara Bank News and Updates

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Canara Bank

13 Jul 2017

107.50

-0.77%

NCLT adjourns insolvency case against Deccan Chronicle Holdings to July 19

Business Standard

BS ReporterHyderabad, 13 July: Hyderabad bench of the National Company Law Tribunal(NCLT) on Thursday heard the arguments in a petition seeking the initiation of corporate insolvency process against Deccan Chronicle Holdings Limited(DCHL). The bench has adjourned the matter, pending the issuance of orders, to July 19. Last week NCLT had admitted the petition of Canara Bank, one of the financial creditors of the debt-laden company, filed under section 7 of Insolvency and Bankruptcy Code(IBC), 2016.The bank is seeking orders for appointment of Interim Resolution Professional(IRP) and imposition of moratorium that are required to initiate the insolvency process. The bench had admitted the petition while rejecting the corporate debtor's plea for dismissal of the petition on the grounds that the petitioner had established a prima facie case in seeking action under IBC,2016 pertains to an outstanding debt of Rs 723.75 crore claimed by the creditor. The bench did not agree with the argument .

Canara Bank has gained 32.03% in the last 6 Months

Canara Bank

10 Jul 2017

107.50

-0.77%

Today's Pick (Tamil): Canara Bank

Business Line

Canara Bank has an average target of 129.00 from 4 brokers.

Canara Bank (361.3)

Business Line | 10 Jul 2017

Canara Bank

29 Jun 2017

107.50

-0.77%

Crisil buys 8.9% CARE stake held by Canara Bank

Business Line

Investment made pursuant to a bid process conducted by Canara Bank: Crisil

Number of FII/FPI investors increased from 708 to 784 in Jun 2025 qtr.

Canara Bank

22 Jun 2017

107.50

-0.77%

Can Fin Homes: further issue, stock split in focus

Business Line

The board of directors of Can Fin Homes, set up under the sponsorship of Canara Bank, is scheduled to meet on Friday to consider a proposal of further issue of shares. Investors will keep an eye on...

Number of FII/FPI investors increased from 708 to 784 in Jun 2025 qtr.

Canara Bank

20 Jun 2017

107.50

-0.77%

Canara Bank to sell 8.9% in CARE for nearly Rs400 crore

livemint

Inviting bids from merchant bankers, Canara Bank sets floor price at Rs1,500 per share

Canara Bank has an average target of 129.00 from 4 brokers.

Canara Bank

16 Jun 2017

107.50

-0.77%

Canara Bank to raise Rs 3,500 cr in equity

Business Standard

The bank had raised Rs 1,124 crore in March through a rights issues of equity shares

Canara Bank's price crossed above 100Day SMA today

Mergers may not be a bad idea for BoB, Canara Bank

Business Standard | 16 Jun 2017

Canara Bank

13 Jun 2017

107.50

-0.77%

CBI arrests promoters of Abhijeet group in Rs 290 crore fraud

Economic Times

An alleged loss to the tune of Rs.218.85 crore (approx) to Canara Bank and Rs.71.92 crore (approx) to Vijaya Bank was caused, the CBI had said after filing the FIR.

Canara Bank is trading above its 200 day SMA of 101.1

CBI arrests promoters of Abhijeet group in Rs 290 crore fraud

Economic Times | 13 Jun 2017 1 more

Canara Bank

08 Jun 2017

107.50

-0.77%

Canara Bank, New India tie up

Business Line

Canara Bank and the New India Assurance Company have entered into a corporate agency arrangement for distribution of insurance products. The pact allows Canara Bank to offer non-life insurance...