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Source: Live Mint In a move to boost borrower confidence, Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25%, effective from June 12, 2025. This comes in response to the recent 50 basis point reduction by the Reserve Bank of India (RBI), bringing it down to 5.5%. Therefore, by passing…
Source: Live Mint With effect from June 1, 2025, two state lenders – Punjab National Bank and Canara Bank has revised their interest rates on fixed deposits. Punjab National Bank now offers interest in the range of 3.50 percent to 6.90 percent across tenures for deposits lower than ₹3 crore for general citizens. The senior…
Source: Live Mint Canara Bank share price in focus today: Canara Bank share price snapped its six-day winning streak on Thursday, May 15, with a mild drop of 0.48% to ₹105.16 apiece. Over the last seven trading sessions (including today), the stock delivered an impressive 16% gain, with most of the rally coming after the…
Source: Live Mint Canara Bank, a state-owned lender, is set to announce its financial results for the fourth quarter and fiscal year ended March 31, 2025, on Thursday, May 8, 2025. During the meeting, the bank will also consider a dividend payout. “…the Board Meeting of the Bank is scheduled to be held on Thursday,…
Source: Live Mint Ace investor Rekha Jhunjhunwala has added Canara Bank to her portfolio during the quarter ending March 31, 2025, acquiring a 1.46 per cent stake in the public sector bank. She had previously exited the stock in the December quarter, only to re-enter in the most recent quarter. As of September 30, 2024,…
Source: Live Mint 52 Week Low Stocks Today on February 17, 2025: Shares of Godrej Consumer Products, CANARA BANK, Indian Oil Corporation, Life Insurance Corporation of India, Coal India hit their fresh 52 wk lows today. Nifty 50 was down by -15.65(-0.07%) points and Sensex was down by -211.61(-0.28%) points at 17 Feb 2025 10:59:58…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Vodafone Idea: Vodafone Idea announced plans to raise ₹2,000 crore through a preferential equity issuance to its promoter, Vodafone Group. In a regulatory filing, the debt-laden telecom giant confirmed that its board will meet on December 9, 2024,…
Source: Live Mint Canara Bank FD rates: Canara Bank’s fixed deposit (under ₹3 crore) rates were revised on December 1, 2024. The new bank FD rate ranges from 4% to 7.4% for the general public on different tenures. The return percentage for callable FDs can be as high as 7.9 for senior citizens. Those looking…
Source: Live Mint Before you lock your funds in a fixed deposit, it is vital to compare the interest rates offered by different banks. Typically most banks offer somewhat similar interest on the deposits of the same tenure, however, a small difference of, say, 30-40 basis points may account for noticeable difference in wealth generation over…
Source: Live Mint Before opening a fixed deposit (FD) account, depositors typically compare the interest rates offered by banks on their fixed deposits. Lenders, typically, offer lower interest rates on short term fixed deposits and higher rates on long term deposits. This means the interest offered on three-year FD is usually higher than that on…
