Canara Bank News

Canara Bank Reports a Stunning 22% Surge in Profits, Reaching Rs 4.8k cr in Q1 FY26

Canara Bank reported a 21.6% increase in net profit to Rs 4,752 crore in Q1 FY26, driven by strong advances and improved asset quality, with global business growing 11% YoY to Rs 2...

Canara Bank Removes 'Fraud' Classification from Reliance Communications Loan Account Amid Legal Dispute

Canara Bank has retracted its 'fraud' classification of Anil Ambani's Reliance Communications loan account following a legal challenge, amid ongoing insolvency proceedings and alle...

Canara Bank Withdraws Fraudulent Classification of Anil Ambani's Loan Account, Court Disposes Petition

Canara Bank withdrew its order classifying Anil Ambani's loan account as 'fraudulent', leading the Bombay High Court to dispose of Ambani's petition. The case highlights legal and ...

Canara Bank Employees Rally to Mobilize a Staggering Rs 16,700 Crore in Just 10 Weeks

Canara Bank successfully mobilized Rs 16,700 crore in 10 weeks through a staff-led deposit campaign, improving its credit-deposit ratio and reducing reliance on bulk deposits.

Canara Bank Achieves Stellar 28% Profit Surge to Rs 5,070 Crore in Q4, Marking a Financial Milestone

Canara Bank reports a 28% increase in net profit to Rs 5,070 crore in Q4, driven by growth in other income and recoveries. The bank proposes a 200% dividend and aims for a 10-11% l...

Canara Bank Achieves 28% Profit Surge in Q4, Aims for 11% Loan Growth by FY26

Canara Bank reports a 28% surge in Q4 profit to Rs 5,070 crore, with a strong annual performance and plans for 11% loan growth by FY26, amid improvements in asset quality and non-i...

Canara and Indian Bank Announce Significant Cuts in Home and Vehicle Loan Rates Following RBI Decision

Canara Bank and Indian Bank have reduced home and vehicle loan rates following RBI's repo rate cut, making loans more affordable for borrowers.