Canara Bank has announced a waiver on average monthly balance requirements for all savings accounts starting June 1, 2025.

India’s banking sector delivered a mixed performance in Q4FY25, with profit growth diverging sharply across private, public, ...

Nifty PSU Bank amid weak market sentiment has bucked the trend and risen nearly 5 per cent in 2 trading session. At the time ...

Canara Bank removes Average Monthly Balance requirement for savings accounts from June 2025, offering a penalty-free banking ...

Read Also Kotak, Axis, Canara Surge As Banking Shares Power ... For the full financial year, the bank’s total income stood at Rs 1.21 lakh crore in FY25, with a net profit of Rs 17,692 crore.

In a customer-friendly move, the Canara Bank on Sunday officially scrapped the penalty for not maintaining a minimum balance ...

Canara Bank is set to eliminate minimum balance requirements for all savings accounts starting June 1, 2025, benefiting a ...

However, while the bank's interest income rose to Rs 30,311.61 crore from Rs 28,038.83 crore a year earlier, its Net Interest Income (NII), which ... from Rs 6,805 crore in the same period last year.

Effective from June 1, 2025, this initiative provides for no penalty for minimum balance requirement across a wide variety of SB accounts. As a result, no SB customer of Canara Bank will face ...

Mumbai: Mumbai: Canara Bank has reported a net profit of Rs 3,606 crore for the ... Satyanarayana Raju, said that if the liquidity in the banking system improves, the bank would be able to ...

State-run Canara Bank has reported a 10.5 percent on-year rise in net profit for the June quarter ... The bank reduced its credit to non-banking finance companies by 18.15 percent on-year and ...