Tag: canara bank
RBI’s new bank-subsidiary norms to force realignments of business
MUMBAI: Several large banks will have to realign their business models to comply with a recent Reserve Bank of India (RBI) proposal, which, upon implementation,…
SBI hikes lending rates by 10 bps across tenors, effective from August 15
Aug 15, 2024 02:52 PM IST SBI’s MCLR for a three-year tenor is now 9.10%, compared to 9% earlier, while overnight MCLR is now 8.20%,…
Canara Bank Q1 net profit up 10% to ₹3,905 crore
Jul 25, 2024 02:33 PM IST During the quarter, the bank’s total income increased to ₹34,020 crore, as against ₹29,823 crore a year ago, Canara…
NHAI advises Paytm FASTag users to switch to other FASTags by March 15 or face penalties
The National Highways Authority of India has advised Paytm FASTag users to procure a new FASTag by a different issuing bank before March 15, 2024…
Paytm news: Paytm not in list of 32 banks authorised to issue new FASTags
The road tolling authority has advised highway users to buy FASTags from an authorised bank and listed 32 banks sans Paytm Payments Bank, in a…
SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood X
The customers of several banks, including State Bank of India (SBI), the largest lender in the country, and Canara Bank, have taken to social media…
Canara Bank launches UPI Interoperable Digital Rupee mobile app
Canara Bank announced the launch of its UPI Interoperable Digital Rupee mobile application that allows users to pay with digital currency by scanning any merchant’s…
MSME: Piyush Goyal asks banks to ensure enhanced, affordable credit to MSMEs
Commerce and industry minister Piyush Goyal has asked banks to ensure enhanced and affordable credit to MSME exporters with a view to boosting the country’s…
Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…
Psbs See Queues As Pvt Banks Turn Cautious
(This story originally appeared in on May 27, 2023) MUMBAI: Public sector banks (PSBs) are bearing the brunt of the Rs 2,000 note exchange traffic,…