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1 hour ago copy link Reserve Bank of India (RBI) has imposed a penalty of Rs 41.8 lakh on Canara Bank. This action has been taken for non-compliance of some important banking guidelines including Know Your Customer (KYC) rules. RBI investigation has revealed that Canara Bank did not upload the KYC records of many customers…
15 minutes ago copy link Reserve Bank of India (RBI) has imposed a penalty of Rs 41.8 lakh on Canara Bank. This action has been taken for non-compliance of some important banking guidelines including Know Your Customer (KYC) rules. RBI investigation has revealed that Canara Bank did not upload the KYC records of many customers…
New Delhi: Canara Robeco Asset Management Company (AMC), a joint venture between Canara Bank and ORIX Corporation Europe, will open its IPO from October 9–13, 2025. The price band is set at Rs 253–Rs 266 per share, and the entire Rs 1,326 crore issue is an offer for sale (OFS) of 49.9 million shares. Canara…
444-Day Special FDs: Several banks are offering a special 444-day fixed deposit scheme that has become popular among investors looking for safe and guaranteed returns. Unlike regular FDs, this limited-period product carries slightly higher rates and stands out for its unusual tenure. State Bank of India (SBI), Punjab and Sind Bank, Indian Overseas Bank (IOB) and…
National Senior Citizens Day is celebrated on August 21 every year. The day is observed to honour the contributions of older adults to society. The former President of the USA, Ronald Reagan, officially proclaimed August 21st as National Senior Citizens Day in 1988. People celebrate National Senior Citizens Day by spending time with elderly loved…
New Delhi: The Legal counsel representing Anil Ambani has said that State Bank of India’s action against RCom chairman and managing director Anil Ambani does not follow principles of natural justice as laid down by the Supreme Court. “SBI’s ex-parte action against Ambani is in violation of the principles laid down by the top court,…
Last Updated:August 02, 2025, 15:18 is Stock Tips: Strong quarterly results and solid fundamentals have made Canara Bank, Indian Bank, and Bank of Baroda top picks among several brokerage firms. If you’re looking to invest in profit-making stocks, three PSU banks might be worth considering. (News18 Hindi) If you’re on the lookout for profit-generating stocks,…
FDs are a traditional way of investment, and most individuals choose this way to have a regular income for their living. Moreover, the principal amount remains safe in the FD. But, do you know that some small finance banks provide a better interest rate on savings accounts than leading PSU banks’ fixed deposits? In this…
Last Updated:June 14, 2025, 13:11 is Rekha Jhunjhunwala has had stakes in Canara Bank, Tata Motors, Wockhardt, Titan Company, Jubilant Pharmova, Geojit Financial Services, and many more. Rekha jhunjhunwala made complete exit from Nazara Tech. Rekha jhunjhunwala portfolio: Ace investor Rekha Jhunjhunwala has made the complete exit from Nazara Technologies Ltd by selling the total…
New Delhi: Canara Bank, Union Bank and Indian Overseas Bank (IOB) have announced reduction in their lending rates following the Reserve Bank of India’s (RBI) announcement cutting the repo rate by 50 basis points, from 6.00% to 5.50%, in the latest Monetary Policy Committee (MPC) meeting. Canara bank has reduced Repo Linked Lending Rate (RLLR)…