News

Canara Bank kicked off the financial year on a strong note, reporting a net profit of ₹4,752 crore for the April–June 2025 ...
Canara Bank’s total SMA 2 book was Rs 6,856 crore, of which Rs 5,000 crore pertain to two accounts—Rs 3,000 crore guaranteed ...
The bank is aiming for listing of one of its subsidiaries in the current quarter and another in the next quarter, depending ...
FIIs reduce stakes in PSU banks in Q1FY26 amid high valuations and sectoral rotation post-FY25 rally. Select banks like Union Bank and Canara Bank gain foreign interest, while private banks see higher ...
Indian banks have transferred over Rs 67,000 crore in unclaimed deposits to the Reserve Bank of India’s Depositor Education ...
Unclaimed bank deposits in India reach ₹67,003 crore, with SBI leading; RBI launches UDGAM portal for easy access.
The Indian government reports over ₹67,000 crore in unclaimed deposits currently held by public and private sector banks.
Motilal Oswal is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 135 in its research report dated July 24, 2025.
Under RBI rules, balances in savings and current accounts inactive for 10 years and term deposits unclaimed for 10 years ...
SBI holds Rs 19,239 crore in unclaimed deposits, or 26% of the abandoned money in public banking system. PNB, Canara Bank follow.