Canara Bank

Fri 4/09/2026,15:59:19 | NSE : CANBK

₹125.50-0.30 (-0.24%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 126.30

Previous Close

₹ 125.80

Volume

12141084

Mkt Cap ( ₹ Cr)

₹ 113836.67

High

₹ 127.30

Low

₹ 125.50

52 Week High

₹ 162.89

52 Week Low

₹ 105.61

Book Value Per Share

₹ 135.13

Dividend Yield

3.33

Face Value

₹ 2.00

What's Your Call?

Collective community sentiment on Canara Bank

Your Vote -

Buy

88.92%

Hold

5.70%

Sell

5.38%

88.92%

25008 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

125.50

15551

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0

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0

0.00

0

Bid Total

15551

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Canara Bank' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Canara Bank - Announcement under Regulation 30 (LODR)-Credit Rating

    4 Sep 2026, 3:53PM Credit Ratings by India Ratings & Research

  • Canara Bank - Credit Rating

    4 Sep 2026, 3:49PM Canara Bank has informed the Exchange about Credit Rating

  • Canara Bank - Updates

    4 Sep 2026, 1:52PM Canara Bank has informed the Exchange regarding 'Excercising of call option'.

  • Canara Bank - Exercising Of Call Option Of Basel III Compliant Additional Tier I Bonds

    4 Sep 2026, 1:49PM Exercising of call option

  • Canara Bank - Updates

    3 Sep 2026, 7:21PM Canara Bank has informed the Exchange regarding 'Excercise of Call option by the Bank subject to RBI approval'.

  • Canara Bank - Exercising Of Call Option By The Bank Subject To RBI Approval

    3 Sep 2026, 7:21PM Exercising of Call Option by the Bank subject to RBI approval

  • Canara Bank - Board Meeting Outcome for Outcome Of Board Meeting Held On September 03, 2026

    3 Sep 2026, 12:39PM Outcome of Board Meeting held on September 03, 2026

  • Canara Bank - Outcome of Board Meeting

    3 Sep 2026, 12:37PM Canara Bank has informed the Exchange regarding Outcome of Board Meeting held on September 03, 2026.

  • Canara Bank - Resignation of Director/KMP/SMP

    1 Sep 2026, 6:23PM Canara Bank has informed the Exchange about Resignation of Director/KMP/SMP

  • Canara Bank - Change in Management

    1 Sep 2026, 6:22PM Canara Bank has informed the Exchange about change in Management

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    1 Sep 2026, 6:21PM Change in Management

  • Canara Bank - Cessation

    1 Sep 2026, 3:59PM Canara Bank has informed the Exchange regarding Cessation of Mr Mahesh M Pai as Chief General Manager of the Bank w.e.f. September 01, 2026.

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    1 Sep 2026, 3:59PM Change in Management

  • Canara Bank - Trading Window

    29 Aug 2026, 6:44PM Canara Bank has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • Canara Bank - Board Meeting Intimation for Fund Raising

    29 Aug 2026, 6:40PM Canara Bankhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/09/2026 ,inter alia, to consider and approve

  • Canara Bank - Disclosure With Regard To Subsidiaries

    29 Aug 2026, 6:08PM Disclosure with regard to Subsidiaries

  • Canara Bank - Updates

    29 Aug 2026, 6:06PM Canara Bank has informed the Exchange regarding 'Disclosure with regard to Subsidiaries'.

  • Canara Bank - Updates

    29 Aug 2026, 5:56PM Canara Bank has informed the Exchange regarding 'Confirmation of Annual Interest Payment'.

  • Canara Bank - Credit Confirmation Of Annual Interest Payment - INE476A08241

    29 Aug 2026, 5:58PM Credit Confirmation of Annual Interest Payment - INE476A08241

  • Canara Bank - Updates

    27 Aug 2026, 5:51PM Canara Bank has informed the Exchange regarding ''.Confirmation of annual interest payment

  • Canara Bank - Credit Confirmation Of Annual Interest Payment-INE476A08175

    27 Aug 2026, 5:46PM Credit Confirmation of Annual Interest Payment- INE476A08175

  • Canara Bank - Updates

    11 Aug 2026, 6:52PM Canara Bank has informed the Exchange regarding 'Revision in Marginal Cost of Funds Based Lending Rate (MCLR)w.e.f. 12.08.2026'.

  • Canara Bank - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR)\r\nW.E.F. 12.08.2026

    11 Aug 2026, 6:49PM Revision in Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f 12.08.2026

  • Canara Bank - Action(s) initiated or orders passed

    10 Aug 2026, 2:09PM Canara Bank has informed the Exchange about Action(s) initiated or orders passed

  • Canara Bank - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    10 Aug 2026, 2:10PM Intimation under Regulation 30 of SEBI (LODR) Regulations 2015

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    31 Jul 2026, 4:27PM Designating Group Chief Compliance Officer (GCCO) of the Bank

  • Canara Bank - Change in Management

    31 Jul 2026, 4:18PM Canara Bank has informed the Exchange about change in Management

  • Canara Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Jul 2026, 5:39PM Canara Bank has informed the Exchange about Transcript

  • Canara Bank - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    29 Jul 2026, 5:42PM Transcript of the Earnings / Conference Call held with Analyst / Investor Meet for the Quarter ended 30.06.2026.

  • Canara Bank - Copy of Newspaper Publication

    28 Jul 2026, 8:49PM Canara Bank has informed the Exchange about Copy of Newspaper Publication

  • Canara Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    27 Jul 2026, 8:51PM Earnings / Conference call with Analysts / Investors: Unaudited (Reviewed)Financial Results (Standalone & Consolidated) for the Quarter ended 30.06.20

  • Canara Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Jul 2026, 8:28PM Canara Bank has informed the Exchange about Link of Recording

  • Canara Bank - Updates

    27 Jul 2026, 12:27PM Canara Bank has informed the Exchange regarding 'Disclosure of Security Cover Certificate for the Quarter Ended June 30, 2026'.

  • Canara Bank - Disclosure Of Security Cover Certificate For The Quarter Ended June 30, 2026

    27 Jul 2026, 12:27PM Disclosure of Security Cover Certificate for the QE 30.06.2026

  • Canara Bank - Press Release

    27 Jul 2026, 12:20PM Canara Bank has informed the Exchange regarding a press release dated July 27, 2026, titled ""Press Release - Unaudited (Reviewed) Financial Results (

  • Canara Bank - Investor Presentation

    27 Jul 2026, 12:17PM Canara Bank has informed the Exchange about Investor Presentation

  • Canara Bank - Outcome of Board Meeting

    27 Jul 2026, 12:12PM Canara Bank has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  • Canara Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    27 Jul 2026, 12:23PM Press Release - Unaudited (Reviewed) Financial Results (Standalone & Consolidated) for the Quarter ended 30.06.2026.

  • Canara Bank - Announcement under Regulation 30 (LODR)-Investor Presentation

    27 Jul 2026, 12:18PM Investor Presentation / Performance Highlights - Unaudited (Reviewed) Financial Results (Standalone & Consolidated) for the QE 30.06.2026.

  • Canara Bank - Board Meeting Outcome for Outcome Of Board Meeting - Integrated Filing (Financial) - Unaudited (Reviewed) Finan

    27 Jul 2026, 12:13PM Outcome of Board Meeting - Integrated Filing (Financial) - Unaudited (Reviewed) Financial Results (Standalone & Consolidated) for the Quarter ended 30

  • Canara Bank - Disclosure Under SEBI (LODR) Regulations, 2015

    22 Jul 2026, 7:08PM Disclosure under SEBI (LODR) Regulations, 2015

  • Canara Bank - Updates

    22 Jul 2026, 7:07PM Canara Bank has informed the Exchange regarding 'Disclosure under SEBI (LODR) Regulations'.

  • Canara Bank - Newspaper

    22 Jul 2026, 7:04PM Newspaper Publication

  • Canara Bank - Copy of Newspaper Publication

    22 Jul 2026, 7:03PM Canara Bank has informed the Exchange about Copy of Newspaper Publication

  • Canara Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Jul 2026, 7:40PM Canara Bank has informed the Exchange about Schedule of meet

  • Canara Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    20 Jul 2026, 7:36PM Earnings/Conference Call with Analysts & Investors - Unaudited (Reviewed) Financial Results (Standalone and Consolidated) for the Quarter ended 30.06.

  • Canara Bank - Updates

    20 Jul 2026, 5:35PM Canara Bank has informed the Exchange regarding ''Credit confirmation of Annual Interest Payment"".

  • Canara Bank - Updates

    20 Jul 2026, 4:51PM Canara Bank has informed the Exchange regarding 'Credit confirmation of Annual Interest Payment'.

  • Canara Bank - Credit Confirmation Of Annual Interest Payment.

    20 Jul 2026, 5:36PM Credit Confirmation of Annual Interest Payment

  • Canara Bank - Credit Confirmation Of Annual Interest Payment.

    20 Jul 2026, 4:53PM Credit Confirmation of Annual Interest Payment

  • Canara Bank - Ratings By Fitch And Moody'S

    17 Jul 2026, 6:46PM Ratings by Fitch and Moody's

  • Canara Bank - Updates

    17 Jul 2026, 6:35PM Canara Bank has informed the Exchange regarding 'Ratings by Fitch and Moody s'.

  • Canara Bank - Board Meeting Intimation for Unaudited (Reviewed) Standalone & Consolidated Financial Results For The Quarter E

    17 Jul 2026, 5:18PM Canara Bankhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2026 ,inter alia, to consider and approve

  • Canara Bank - Updates

    16 Jul 2026, 6:56PM Canara Bank has informed the Exchange regarding ''.Disclosure under SEBI (LODR) Regulations, 2015.

  • Canara Bank - Disclosure Under SEBI (LODR) Regulations, 2015

    16 Jul 2026, 6:55PM Disclosure under SEBI LODR Regulations 2015

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    8 Jul 2026, 7:00PM Designating Interim GCCO of the Bank.

  • Canara Bank - Change in Management

    8 Jul 2026, 6:59PM Canara Bank has informed the Exchange about change in Management

  • Canara Bank - Resignation of Director/KMP/SMP

    8 Jul 2026, 6:09PM Canara Bank has informed the Exchange about Resignation of Director/KMP/SMP

  • Canara Bank - Resignation

    8 Jul 2026, 6:06PM Canara Bank has informed the Exchange regarding Resignation of Mr Mahesh M Pai as Chief General Manager of the company w.e.f. July 31, 2026, subject t

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    8 Jul 2026, 6:01PM Change in Senior Management

  • Canara Bank has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    7 Jul 2026, 8:10PM As of June 2026, 62.93% is owned by Indian Promoters and 37.07% by Public. <p align=justify> Institutional holds 24.59% (Insurance Companies 4.55%) an

  • Canara Bank - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    4 Jul 2026, 6:02PM Canara Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Canara Bank - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    4 Jul 2026, 6:01PM Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018

  • Canara Bank - Intimation Under SEBI (LODR) Regulations 2015

    1 Jul 2026, 7:00PM Intimation

  • Canara Bank - General Updates

    1 Jul 2026, 6:59PM Canara Bank has informed the Exchange about General Updates

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    1 Jul 2026, 6:38PM Change in Management

  • Canara Bank - Change in Management

    1 Jul 2026, 6:28PM Canara Bank has informed the Exchange about change in Management

  • Canara Bank - Updates

    30 Jun 2026, 10:59AM Canara Bank has informed the Exchange regarding Change in Management

  • Canara Bank - Change In Management Of The Bank

    30 Jun 2026, 11:04AM Change in Management

  • Canara Bank - Cessation

    29 Jun 2026, 6:59PM Canara Bank has informed the Exchange regarding Cessation of Mr Rakesh Kashyap as CGM of the Bank w.e.f. June 30, 2026.

  • Canara Bank - Announcement under Regulation 30 (LODR)-Change in Management

    29 Jun 2026, 6:55PM Change in Management of the Bank

  • Canara Bank - Trading Window

    24 Jun 2026, 6:38PM Canara Bank has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • Canara Bank - Shareholders meeting

    23 Jun 2026, 7:17PM Canara Bank has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 23, 2026. Further, the company has informed th

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Outcome of AGM

    23 Jun 2026, 6:47PM Proceedings of the 24th Annual General Meeting held on 23.06.2026

  • Canara Bank - Shareholders meeting

    23 Jun 2026, 6:46PM Canara Bank has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 23, 2026

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    23 Jun 2026, 7:17PM 24TH AGM - Submission of Proceedings, Voting Results and Scrutinizers Report

  • Canara Bank - Updates

    10 Jun 2026, 6:32PM Canara Bank has informed the Exchange regarding 'Revision in Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 12.06.2026'.

  • Canara Bank - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) W.E.F. 12.06.2026

    10 Jun 2026, 6:27PM Revision in Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f 12.06.2026

  • Canara Bank - Copy of Newspaper Publication

    9 Jun 2026, 1:38PM Canara Bank has informed the Exchange about Copy of Newspaper Publication

  • Canara Bank - Newspaper Publication

    9 Jun 2026, 1:37PM Copy of Newspaper Publication

  • Canara Bank - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    6 Jun 2026, 7:19PM Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

  • Canara Bank - Action(s) initiated or orders passed

    6 Jun 2026, 7:13PM Canara Bank has informed the Exchange about Action(s) initiated or orders passed

  • Canara Bank

    1 Jan 2026 , 10:55AM Canara Bank: The Central Government has assigned Hardeep Singh Ahluwalia additional charge of the post of Managing Director & Chief Executive Officer of Canara Bank, effective January 1, for a period of three months. This follows the superannuation of the present MD & CEO, K Satyanarayana Raju, on December 31, 2025. Currently, Hardeep Singh Ahluwalia is serving as the Executive Director of Canara Bank.

  • Canara Bank

    3 Dec 2025 , 10:07AM Canara Bank: Bank said it has mobilised Rs. 3,500 crore through the issuance of 7.55% Basel III-compliant additional tier I bonds. The fundraise comprises a base size of Rs. 1,000 crore and a green shoe option of Rs. 2,500 crore, both fully subscribed. The unsecured, subordinated, listed, rated, non-convertible, perpetual and fully paid-up bonds carry a face value of Rs. 1 crore each. The issue opened and closed on November 28, 2025, with 3,500 bonds placed with 37 allottees. Allotment was completed today, December 2, 2025.

  • Canara Bank

    6 Oct 2025 , 11:00AM Canara Bank: Canara HSBC Life Insurance Company will open its 23.75 crore shares IPO for public subscription on October 10, while Canara Robeco AMC will launch its 4.98 crore shares IPO on October 9. The bank owns 51% stake each in Canara HSBC Life and Canara Robeco AMC. Ujjivan Small Finance Bank Q2 (YoY): Total deposits zoom 14.8% to Rs 39,101 crore Vs Rs 34,070 crore. CASA deposits surge 22.1% to Rs 10,782 crore Vs Rs 8,832 crore. Gross loan book increases 14% to Rs 34,588 crore Vs Rs 30,343 crore. Disbursements spike 48% to Rs 7,958 crore Vs Rs 5,376 crore. Positive

  • Canara Bank

    16 Sep 2025 , 8:55AM Canara Bank: The bank’s subsidiary, Canara HSBC Life Insurance Company, has received approval from SEBI for its Draft Red Herring Prospectus (DRHP), allowing it to file an Updated RHP for its upcoming IPO. Positive

  • Canara Bank

    13 Jun 2025 , 10:14AM Canara Bank board approves capital raising plan of up to Rs. 9,500 crore via bonds for the financial year 2025-26.

  • Canara Bank

    6 Dec 2024 , 10:34AM RBI has given its approval to Canara Bank to divest its shareholding in Canara Robeco Asset Management Company and Canara HSBC Life Insurance Company by 13% and 14.5%, respectively, through an initial public offer (IPO). Furthermore, the bank must adhere to the October 31, 2029, timeline for reducing its stake in these entities to 30%. Following RBI approval, Canara Bank will initiate the IPO process. Positive

  • Canara Bank

    3 Jun 2024 , 12:37PM The bank has received approval for initiating the process of diluting a 14.50% stake in its subsidiary Canara HSBC Life Insurance company through an initial public offer (IPO). This will be subject to the approval of the Reserve Bank of India and the Government of India.

  • Canara Bank

    29 May 2024 , 10:47AM Canara Bank: Bank to consider fund raising plan for FY25 on May 31.

  • Canara Bank

    28 Dec 2023 , 9:50AM The board has approved the process of listing of its mutual fund subsidiary, Canara Robeco Asset Management Company, by way of an IPO. Positive

  • Canara Bank

    6 Dec 2023 , 11:13AM The bank is looking to raise up to Rs 3,500 crore via tier-I AT1 bonds

  • Canara Bank

    29 Nov 2023 , 11:17AM RBI has cleared the lender's plans to divest 70% stake in its subsidiary, Canbank Factors (not a material subsidiary). The lender has also proposed to buy out the stakes of Bank of Baroda and DBS Bank India in its unlisted subsidiary, Canbank Computer Services. Neutral

  • Canara Bank

    29 Nov 2023 , 11:09AM RBI has cleared the lender's plans to divest 70% stake in its subsidiary, Canbank Factors (not a material subsidiary). The lender has also proposed to buy out the stakes of Bank of Baroda and DBS Bank India in its unlisted subsidiary, Canbank Computer Services. Neutral

  • Canara Bank

    30 Jun 2023 , 10:41AM Canara Bank: Board has approved raising of funds through Debt instruments amounting to Rs. 7,500 crore in FY24.

  • Canara Bank

    6 Jun 2023 , 10:32AM As per the media reports, Bank has initiated a process to launch an initial public offering (IPO) of two of its subsidiaries - Canara Robeco Asset Management and Canara HSBC Life Insurance Company. Positive read through.

  • Canara Bank

    29 Aug 2022 , 10:37AM Canara Bank: Bank raises Rs 2,000 crore through Basel III Compliant Tier II Bonds.

  • Canara Bank

    24 Aug 2022 , 11:11AM The public sector lender plans to raise up to Rs 3,500 crore via tier II bonds in tranches to enhance capital adequacy ratio and meet growth requirements. The first tranche of tier II bonds will likely hit market on Thursday, August 25 with a primary size of Rs 1,000 crore. The proposed offering will carry a green shoe option of Rs 1,000 crore.

  • Canara Bank board nod capital raising plan for FY22-23

    24 Jun 2022 , 12:46PM Canara Bank board approves raising up to Rs. 9,000 crore via debt instruments in FY23

  • Canara Bank to consider fund raise on June 24

    15 Jun 2022 , 12:03PM Board Meeting intimation for Capital Raising plan for the FY 2022-23

  • Rakesh Jhunjhunwala buys 1.59% stake in Canara Bank

    25 Aug 2021 , 11:45AM Rakesh Jhunjhunwala bought an aggregate 2.88 crore shares, or 1.59% stake

  • Canara Bank

    14 Jun 2021 , 12:55PM As per media reports Canara Bank will be the lead sponsor and the biggest shareholder of the National Asset Reconstruction Company Ltd (NARCL), contributing up to 12% equity to it as the state-led bad loan aggregator’s capital structure is amended to comply with the Reserve Bank of India (RBI) rules. NARCL, being formed within the scope of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, is likely to be dominated by public sector banks. All equity investors besides Canara will hold less than 10% to ensure diversified ownership. In the initial plan, 11 shareholders were expected to hold just above 9% each in the new entity, which should start operations later this month.

  • Canara Bank

    1 Jun 2021 , 11:10AM Canara Bank: The bank has appointed S K Majumdar as its chief financial officer (CFO) with immediate effect.

  • Bank of India, Canara Bank, McNally Bharat Engineering

    15 Apr 2021 , 11:19AM Two major financial creditors, Bank of India (BoI) and Canara Bank, have lodged petitions in NCLT to trigger insolvency proceedings against Engineering, procurement and construction company McNally Bharat Engineering under the Insolvency and Bankruptcy Code (IBC), as per media reports. A consortium of banks that include public sector lenders, private sector banks and foreign banks are owed around Rs 4,000 crore by the company. The dues comprise both long-term and short-term loans as well as non-fund-based facilities such as letters of credit and bank guarantees provided to the company against which it received goods or won tenders. Bank of India is the consortium leader.

  • Canara Bank

    25 Mar 2021 , 10:52AM Canara Bank will conduct a mega e-auction on March 26 to sell around 2,000 properties under its possession under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act. So far, the bank has successfully sold 1,450 properties, valued at Rs 886 crore, in the current financial year.

  • Bank of Baroda, PNB and Canara Bank

    18 Mar 2021 , 11:57AM As per media reports, The Reserve Bank of India’s (RBI’s) list of “systemically important banks” may widen, given the changes in the pecking order after the merger of state-run players. As on date, only State Bank of India (SBI), ICICI Bank, and HDFC Bank figure in the central bank’s classification of domestic systemically important banks (D-SIBs). However, due to the PSB mergers the banks like BoB, PNB and Canara Bank have grown in size and may be included in the D-SIB list.

  • Canara Bank

    21 Dec 2020 , 11:13AM The bank has clarified that for the alleged fraud to the tune of Rs. 7926 Crore by M/s Transstroy India Ltd, the loan was as part of a Consortium with Canara Bank as Leader with 13 other Banks (formed in 2013) and the share of Canara Bank is Rs.678 Crore. The account was declared as fraud and reported to RBI and that Canara Bank has already made 100% provision for this account as per the prescribed prudential norms. Other banks like Bank of Baroda (Rs 218 crore) South Indian Bank (Rs 238 crores), Andhra bank (Rs 150 crores; now merged with Union Bank), Allahabad Bank (Rs 100 crores; now merged with Indian Bank), Bank of India (Rs 70 crores), Dena Bank (Rs 84 crores; now merged with BOB) may also be having exposure to the entity (as per the MCA website).

  • Canara Bank

    11 Dec 2020 , 12:06PM Approves closure of the QIP issue. Issue price is at Rs 103.5 per share, which was also the floor price.

  • Canara Bank up as it launches Rs. 2,000 crore QIP

    8 Dec 2020 , 11:52AM Canara Bank rises over 7% to Rs. 126.4, on plans to raise Rs. 2,000 crore Via QIP

  • Canara Bank

    8 Dec 2020 , 11:00AM The bank has launched a QIP issue for up to Rs 2,000 crore at a floor price of 103.5 per share. At September end, the Bank’s CRAR stood at 12.77% with Tier 1 at 9.54%. The QIP will likely add ~38 BPS of Tier 1 capital for the bank.

  • Canara Bank

    16 Oct 2020 , 10:43AM As per media reports, Canara Bank is planning to raise up to Rs 2,000 crore through a qualified institutional placement (QIP) by December. The bank has started the process to raise money from the market. ICICI Securities, JM Financial, SBI Capital Markets and Axis Capital are bankers to the issue. In the quarter ended June, Canara Bank’s common equity capital (CET-1) was at 8.15% and the fresh fund raising will lead to ~38 BPS addition in the capital base, taking CET to 8.53%. The bank plans to start the roadshows in mid-November after the Q2 FY21 results; and will raise the funds by December.

  • Canara Bank board approves raising up to Rs. 2,000 crore via QIP

    25 Sep 2020 , 3:13PM Canara Bank decide to raise additional capital worth Rs. 2,000 crore through a QIP

  • Canara Bank board to consider raising capital

    21 Sep 2020 , 3:26PM Board Meeting intimation for Raising Capital through QIP

  • Canara Bank

    6 Aug 2020 , 5:05PM Canara Bank has slashed MCLR rates by 10bps for six months & one year tenure to 7.40% & 7.45% respectively whereas for one month & three month tenure it has been cut by 20bps & 30bps respectively to 7.00% & 7.15% respectively which will be effective from 7th August 2020.

  • Canara Bank

    20 Jul 2020 , 12:30PM State-run Canara Bankwill raise up to Rs 5,000 crore equity capital through various modes in the current fiscal year to boost its capital adequacy ratio in view of expansion plans, and will seek nod from shareholders for the same in its AGM next month.

  • Canara Bank

    10 Jul 2020 , 3:45PM The Bank's board approves raising up to Rs 5,000 cr via equity (via QIP/Rights/ Private placement etc) & up to Rs 3,000 cr via Additional Tier I Basel III Compliant Bonds.

  • Board of Canara Bank approves raising capital

    10 Jul 2020 , 3:40PM Canara Bank's board approves raising up to Rs. 5,000 crore via equity and up to Rs. 3,000 crore via bonds

  • Canara Bank to consider fund raising on July 10

    7 Jul 2020 , 10:28AM Prior intimation of board meeting Capital Raising plan for the Year 2020-21

  • Canara Bank

    8 Jun 2020 , 12:42PM The bank has reduced its repo-linked lending rate (RLLR) by 40 bps to 6.90 percent. The lender has also slashed MCLR by 20 basis points across various tenors.

  • Canara Bank

    19 May 2020 , 12:25PM As per media reports the bank has launched a special business vertical dedicated for gold loans, keeping in mind the challenges faced by its customers due to the COVID-19 pandemic. A gold loan campaign will be held till June 30 this year with a 7.85 % interest rate per annum.

  • Canara Bank

    2 Mar 2020 , 12:02PM India Ratings and Research (Ind-Ra) has assigned Canara Bank’s (Canara) Basel III Tier 2 instruments an ‘IND AAA’ rating and placed it on Rating Watch Negative (RWN). The agency has maintained the bank’s long-term ratings on RWN.- Sentimentally Negative

  • Canara Bank to sell full stake in Commonwealth Trust India

    24 Sep 2019 , 11:39AM Canara Bank: The Bank has announced that the investment committee of the bank has permitted to initiate the process of stake sale in full in Commonwealth Trust (India) hence it has invited Expression of Interest (EoI) for sale of 37500 equity shares, representing 30% of paid up share capital held by Canara Bank in Commonwealth Trust (India) – Sentimentally positive

  • Canara Bank seeks EOI to offload CanFin homes stake

    9 Sep 2019 , 11:23AM Earlier, Canara Bank had called off its move to divest its stake

  • Canara Bank may raise Rs 6,000 crore via QIP

    17 Jun 2019 , 12:32PM Other PSU banks are also planning to raise money from the market to meet RBI capital norms or for growth purposes

  • ICRA downgrades rating of Canara Bank

    6 May 2019 , 10:52AM Canara Bank: ICRA has downgraded ratings of AT-I – Basel III from AA to AA- (Stable), Basel III from AAA to AA+ (Stable). ICRA has also downgraded and withdrew ratings of lower Tier-II bonds – Negative read thru

  • Canara Bank plans to raise long-term foreign currency funds

    19 Mar 2019 , 11:00AM Canara Bank: Bank plans to raise long-term foreign currency funds by issuing senior unsecured bonds in international market worth $500 million under its medium term notes (MTN) program.

  • Canara Bank to raise funds via QIP Route

    28 Sep 2018 , 2:51PM Canara Bank plans to raise upto Rs. 6,000 crore through QIP route

  • Canara Bank falls after CBI files charges against former CMD

    20 Mar 2018 , 3:03PM Canara Bank slips over 5% at Rs251, on news that the CBI has charged its former CMD and others with cheating and forgery in a loan default case

  • Canara Bank approves infusion of Rs.4865 crore

    5 Mar 2018 , 1:06PM Canara Bank approves infusion of Rs.4865 crore by Government of India

  • Canara Bank proposes to offload stake in Canfin Homes

    22 Dec 2017 , 3:04PM Canara Bank proposes to offload 4% stake in Canfin Homes Ltd through empanelled merchant bankers/investment bankers

  • Canara Bank to sell stakes in asset management and housing finance units

    22 Nov 2017 , 10:34AM Sentimentally positive news for Canara Bank as it got board approval to sell stakes in its asset management and housing finance units, either fully or partially, to augment resources and improve the capital base of the bank.

  • Canara Bank to raise fund via securities

    16 Jun 2017 , 12:00PM Canara Bank to raise Rs6300 crore through various routes, including QIP, rights issue or follow on public offer
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Key fundamentals

Evaluate the intrinsic value of Canara Bank stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 1883201.8906 1682849.5988 1491540.72 1345732.2475 1226979.6718
Liabilities 1883201.8906 1682849.5988 1491540.72 1345732.2475 1226979.6718
Equity 1814.1303 1814.1303 1814.1303 1814.1303 1814.1303
Gross Profit -1014.0037 1011.0634 1607.4688 -3596.237 -6719.7401
Net Profit 19186.6712 17026.6712 14554.3192 10603.7649 5678.4109
Cash From Operating Activities 6785.94 59946.57 14254.12 -40676.37 268.1
NPM(%) 15.18 14.21 13.39 12.56 8.18
Revenue 126366.1681 119755.069 108687.9257 84424.7822 69410.2393
Expenses 127380.1718 118744.0056 107080.4569 88021.0192 76129.9794
ROE(%) 15.65 13.89 11.87 8.65 4.63

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
12 Jun 2026 4.2 210 3.35 129.43
13 Jun 2025 4 200 3.35 95.37
14 Jun 2024 3.22 161 3.35 557.7
15 Jun 2022 6.5 65 3.35 219.35
12 Jul 2017 1 10 3.35 371.1
25 Jun 2015 10.5 105 3.35 340.3
03 Jul 2014 4.5 45 3.35 304.15
24 Jan 2014 6.5 65 3.35 263.45
04 Jul 2013 13 130 3.35 412.15
14 Jun 2012 11 110 3.35 418.85
06 Jul 2011 11 110 3.35 558.65
14 Jun 2010 10 100 3.35 408.1
08 Jul 2009 8 80 3.35 197.95
10 Jun 2008 8 80 3.35 232.85
26 Jun 2007 7 70 3.35 226.15
14 Jun 2006 6.6 66 3.35 261.5
26 Jul 2005 3 30 3.35 194.8
11 Feb 2005 2.5 25 3.35 193.15
12 Jul 2004 2.5 25 3.35 162.5
28 Jan 2004 2.5 25 3.35 136.55
07 Jul 2003 3.5 35 3.35 98.9

Peers

Other companies within the same industry or sector that are comparable to Canara Bank

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Equitas Small Finance Bank Ltd 72.95 -0.12 16.36 14377.14 10.14 0.00
Fino Payments Bank Ltd 139.33 -0.64 55.29 1048.55 111.19 0.00
Central Bank of India 31.08 1.01 6.17 114047.66 49.98 3.86
Kotak Mahindra Bank Ltd 424.50 0.80 20.81 125325.46 1938.94 0.15

Company Info

The Bank is a Government of India undertaking, and carries on all banking business. The Bank was brought into existence by an ordinance passed on the 19th July 1969 by the Central Government. In terms of the ordinance the undertaking of the Canara Bank Ltd was vested to and transferred to the new bank. This ordinance was replaced by the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1969. This Act was declared null & void by the Supreme Court on the 10th of February 1970 and subsequently the Ordinance was promulgated. Then the Banking Companies(Acquisition and Transfer of Undertaking) Act, 1970 was passed and it was made effective retrospectively from 19th July 1969. 2000 - Canara Bank became the first public sector bank to join the MasterCard ATM network. - Canara Bank has launched its gold deposit scheme in Bangalore, offering 3-3.5 per cent interest on the deposits. - The Canara Bank and Bank of India have envinced interest to provide loan to the Rs 6,500 crore joint venture Bharat Oman Refineries project in Madhya Pradesh. - Public Sector Canara Bank has hiked prime lending rate and MTLR to 12.25 per cent from 11.75 per cent and 12 per cent respectively with effect from 10th August. - The Bank came up with a vanilla bonds issue of Rs 300 crore to increase the tier-II capital before september 30. - Bangalore - based Canara Bank has set up four corporate service branches in Bangalore, Mumbai, Delhi and Chennai and is likely to covert more branches for specialised services. - Canara Bank, the 100 per cent government-owned public sector bank will be roping in an overseas joint venture partner for its mutual fund subsidiary in the next three months. - Canara Bank has entered into an agreement with the Al Mirza group in Oman for opening an exchange house that will be managed by officers deputed by the bank. - Canara Bank will introduce its voluntary retirement scheme on January 1, 2001. - Canbank Factors Ltd., a subsidiary of Canara Bank, has launched its export-factoring activity and has appointed GE Capital International Finance, SPA as is import factor. 2001 - Canbank Factors Ltd., a subsidiary of Canara Bank, has opened its eighth branch in New Delhi. - The Public Sector Canara Bank has entered into an arrangement with the Infrastructure Development Finance Company for financing core sector projects. - Canara Bank has named RV Shastri as its new chairman and Managing Director. 2002 -Drops plan to bring in a joint venture partner in its proposed credit card subsidiary -Canbank Computer Services Ltd, a subsidiary of Canara Bank, awarded the revised ISO certification, ISO 9001:2000, by BVQI -Launches Laghu Udhyami Credit Card to give its small borrowers credit facilities -Reduces interest rates on NRE and domestic term deposits -Launches 3 ATMs at Nanganallur, Annanagar and Valmikinagar of Tamil Nadu -Reduces interest on housing loan -Slashes Prime Lending Rate to 11.5% from 11.75% -Eight Regional Rural Banks (RRBs) sponsored by Canara Bank report total business of Rs 4,030 crore -Hands over dividend of Rs 80 crore to the Union Government -Reduces its equity capital to Rs 300 crore -Returns 48 per cent (Rs 277.87 crore) of its capital of Rs 577.87 crore to Central Government -Launches 'Anywhere Banking' facility in Hyderabad making it the fifth city in the country to have the facility in addition to Bangalore, Mumbai, Delhi, Kolkata & Chennai -Comes out with public issue of 110,000,000 equity shares of Rs 10 each at a premium of Rs 25 per share aggregating Rs 385 crore 2003 -SBI and Canara Bank tie up to kick off full fledged operations in Moscow -Launches a new credit scheme to encourage solar home lighting systems in Karnataka with assistance from the United Nations Environment Programme (UNEP) -Ties up with Aviva Life Insurance Company to act as Corporate Agent for selling the Life Insurance products of AVIVA without risk participation -Aviva Life Insurance launches sale of its products through Canara Bank -Issues Tier II Capital (Unsecured Redeemable Non-Convertible Subordinated Bonds) aggregating Rs 400 crore -Launches a floating rate deposit scheme (FRDS) for high networth individuals -Raises Rs 500 cr via Tier II bonds -Strikes a structured deal with Central Board of Trustees (CBoT) to privately place its tier-2 bond issue for Rs 250 crore at 7.25 per cent -Canara Bank Regional Rural Banks witness 16 % growth for 2002-03 -Adds seven more ATMs in Kerala -Tops the recovery list of Non Performing Assets (NPA) among nationalised banks -Reduces interest rates by 2 pc for SSI loans -Ties up with Mahindra & Mahindra for tractor financing -Canara Bank, Central Bank of India (CBI), Indian Overseas Bank (IOB), UCO Bank and Union Bank of India (UBI) form an alliance to launch `Cash Online' ATM network -Eicher Tractors sign MoU with Canara Bank for providing financing solution to farmers buying Eicher Tractors and other farm implements -- Canara Bank along withCentral Bank of India (CBI) , Indian Overseas Bank (IOB), UCO Bank and Union Bank of India (UBI) have formed an alliance to launch `Cash Online' ATM network -Canara Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing small-scale industries, service sector and for undertaking related infrastructure projects. -Canara Bank unveils special loan scheme for women -Canara Bank raises Rs.250 crore Tier-II capital 2004 -Central Government nominates Smt Supriya Pattnaik, General Manager, Reserve Bank of India, as a Director on the Board of Directors of the Bank with immediate effect in place of Shri C S Murthy -Canara Bank & Bank of India acquire 4% stake in Mercator Lines -Canara Bank enters into strategic tie-up with Western Union and its primary agent AFL WIZ -Introduces a loan scheme for individuals to subscribe to initial public offers at five cities - Bangalore, Chennai, Kolkata, Delhi and Mumbai - with an aim to cater to the needs of retail investors -Canara Bank opens its first Mahila Banking Branch in Kerala -Canara Bank announced the launch of `E-kisan credit card', an ATM enabled card for farmers -Canara Bank has launched a loan scheme for the medical fraternity - Doctor's Choice - in Bangalore - Canara Bank unveils 2 new ATMs in Thiruvananthapuram - Canara Bank ties up with BAL for auto finance -Canara Bank unveils new ATM in Hayatnagar -Canara Bank unveils new branch in Udupi - Canara Bank signs a Memorandum of Understanding (MoU) with M/s Tractor & Farm Equipment Manufacturers Ltd (TAFE). -Canara Bank has announced the launch of a housing loan scheme designed exclusively for the employees of the Kerala Water Authority (KWA) -Canara Bank has entered into a franchise agreement with Western Union Financial Services for money transfer facility -Canara Bank has launched a 'gold card' scheme for exporters, under which it will offer a three-year credit period with an automatic renewal clause, and with competitive interest and charges -Canara Bank, one of the premier Banks in the country has signed a Memorandum of Understanding (MoU) with M/s Kerala Agro Machinery Corporation Limited (KAMCO), one of the largest manufacturers of power tillers -Canara Bank, one of the premier Banks in the country has signed a Memorandum of Understanding (MoU) with M/s Plastro Plasson Industries (India) Ltd, one of the leading Companies which specializes in manufacturing of micro-irrigation equipments and also undertakes projects on turnkey basis, for financing of micro-irrigation equipments to farmers -Canara Bank and HDFC Mutual Fund on August 12 signed an agreement for the bank to distribute HDFC's MF products through its network -Canara Bank has informed that the Bank vide agreement dated August 12, 2004 with HDFC Asset Management Company Ltd has entered into a strategic alliance for cross selling of the schemes/products of HDFC Mutual Fund, launched from time to time -Canara Bank, TVS Motor rolls out TVS Canmobile -Canara Bank forges alliance with New Holland Tractors -Al Razouki partners with Canara Bank -Canara Bank launches new schemes 'Cantravel', 'Cantech' -Canara Bank signs agreement with Russian Bank 2005 - On January 3, 2004, launches multi-point interactive video conferencing as a means to review the performances of its circles from its headquarters in Bangalore. -Canara Bank inks bancassurance pact with United India Insurance Co Ltd (UIICL). -Canara Bank signs MoU with NCMSL -Canfin Homes launches three new loan products -Canara Bank appoints Shri M B N Rao as Chairman & Managing Director (CMD) up to June 30, 2008 -Canara Bank sets up ATM -Canara Bank begins operation in Shanghai on August 08,2005. -Canara Bank tied up with i-flex Solutions for core-banking project and IBM will be the systems integration partner. -Canara Bank joins hand with Dakshina Kannada milk co-op 2006 -Canara Bank has signed a memorandum of understanding (MoU) with Tata BP Solar India Ltd, to extend a soft loan for the purchase of water heaters -Canara Bank has informed that in exercise of the powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and transfer of Undertakings) Act, 1970 / 1980 read with sub clause (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, nominated Shri Amitabh Verma, Joint Secretary (BOA), Ministry of Finance Banking Division, as a Director of the Bank in the place of Shri G C Chaturvedi, vide notification Dated October 31, 2006, with immediate effect and until further orders. -Retained Number One Position in Aggregate Business among Nationalized Banks. -Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC -(Asia Pacific) Holding and Robeco Groep N.V respectively 2007 - Canara Bank has inked a memorandum of understanding with the ICRA Ltd for credit rating small and medium enterprises. The MoU will facilitate extending comprehensive rating services to all the bank's SME customers. This was especially since Canara Bank was aiming to expand its advances to the sector. -Canara Bank has appointed Shri. Alok Kumar Misra, Executive Director of the Bank as Chairman & Managing Director of Oriental Bank of Commerce by the Government of India, Ministry of Finance, Department of Economic Affairs, Banking Division, vide its Notification dated June 04, 2007. - Canara Bank has appointed Shri D L Rawal, General Manager, Punjab National Bank, as a whole time director (designated as the Executive Director) of the Bank from the date of his taking charge i.e. from June 06, 2007 and until further orders or till the date of his superannuation i.e. upto October 31, 2011, vide notification dated June 06, 2007. - Canara Bank has rolled out two new schemes for their High Networth Individuals - SB Gold (Savings Bank) and Can-Premium Current Account. The schemes offer various services like free debit and credit cards, anywhere banking facility, internet and mobile banking facility with free funds transfer, telebanking and issue of demand drafts at concessional charges, among others. SB Gold scheme, which was first launched in Bangalore last year, has been extended to the bank's customers across the country. - Canara Bank, HSBC Insurance (Asia-Pacific) Holdings and Oriental Bank of Commerce have formally signed agreement to jointly establish life insurance company in India. - Canara Bank announced a 0.50 per cent cut in floating interest rates on home loans, indicating easing cost of funds that prompted segment leader HDFC too to rollback rates last week. 2008 - Canara Bank has informed that in exercise of the powers conferred by clause (e) Sub-Section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub- clause (2)(a) of clause 9 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government has appointed Shri. Devender Dass Rustagi, Special Assistant, Canara Bank, Recovery Section, Circle Office, Nehru Place, New Delhi as Workmen Employee Director on the Board of Directors of Canara Bank, vide Notification dated September 15, 2008, for a period of three years from the date of Notification or until further orders whichever is earlier. -The Bank crossed the coveted Rs. 3 lakh crore in aggregate business -The Bank's 3rd foreign branch at Shanghai commissioned 2009 - Canara Bank has appointed Shri. Jagdish Pai K L, General Manager, Bank of India as a whole time director (designated as Executive Director) of Canara Bank with effect from the date of his taking over charge and up to June 30, 2011 i.e. the date of his superannuation or until further orders, whichever is earlier, vide notification dated February 04, 2009. - Canara Bank has entered into an alliance with Hyundai Motor India Ltd to finance the passenger vehicles manufactured by the company. The bank will extend the finance facility to the buyers through its branches across the country as well as through the 251 Hyundai dealers. - Canara Bank has informed BSE that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3, sub-clause (1) clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with the Reserve Bank of India, has appoints Shri. H S U Kamath, General Manager Union Bank of India as a whole time director (designated as Executive Director) of Canara Bank with effect from the date of his taking over charge and up to December 31, 2013 i.e., the date of his superannuation or until further orders, whichever is earlier, vide notification dated March 26, 2009.He has taken charge as Executive Director of the Bank w.e.f. March 26, 2009. - Canara Bank has has appointed the following six audit firms as Statutory Central Auditors of the Bank for the year 2009-10: 1. M/s. M Anandam & Co., Chartered Accountants, Secunderabad.2. M/s. N Sankaran & Co., Chartered Accountants, Chennai.3. M/s. S Bhandari & Co., Chartered Accountants, Jaipur.4. M/s. Manubhai & Co., Chartered Accountants, Ahmedabad.5. M/s. R K Kumar & Co., Chartered Accountants, Chennai.6. M/s. Nandy Halders & Ganguly, Chartered Accountants, Kolkata.Out of the above, the first two firms are continuing Statutory Central Auditors, while the remaining firms have been appointed in place of M/s. S N Mukherji & Co.,, M/s. De Chakraborty & Sen, M/s. Satyanarayana & Co., and M/s. Parakh & Co., who have completed their term. 2010 - Canara Bank has nominated Shri Khalid Luqman Bilgrami as part-time non-official Director under Chartered Accountant category, on the Board of Directors of Canara Bank. 2011 -Canara Bank Q4 net up 79% at Rs 898 cr -Canara Bank raises $350 mn via bonds(India&rsquo;s state-owned Canara Bank on March 3 priced its inaugural senior international bond transaction amounting to USD350 million, taking advantage of a window of opportunity). -Canara Bank raises Rs 2,000 cr in share sale 2012 -Total number of branches reached 3600. The Bank's 5th foreign branch at Manama, Bahrain opened. -The total business of the Bank stood at 552513 crore. 2013 -Canara Bank inks MoU with United India Insurance -Canara Bank to open new branch in New York -Canara Bank ties up with Apollo Munich 2014 -Canara Bank to open 38 branches in Jammu & Kashmir -Canara Bank to open branch in New York -Canara Bank inks MoU with Three Wheels United India 2015 -Canara Bank bags 3 MSME awards 2016 -Canara Bank gets Carbon Offset Certificate from Micro Energy Credits, USA -Canara Bank launches UPI mobile app. 2017 - Canara Bank said that it has diluted it's 13.45 per cent stake in Can Fin Homes Ltd to Caladium Investment for Rs 753.77 crore. -Canara Bank to raise Rs 6,300 cr through securities -Canara Bank has decided to sell nearly 9 per cent stake in the credit ratings firm CARE Ltd that could fetch it over Rs 393 crore. -Canara Bank raises USD 400 mn via senior unsecured bonds -Canara Bank to raise up to Rs 3,500 cr through QIP 2018 -Canara Bank has informed that Allotment of 13,59,54,616 Equity Shares to the Government of India on Preferential Basis -Canara Bank to raise Rs 4.5 bn via stake sale in Canbank Facto 2019 -Canara Bank has informed that Amalgamation/Merger - In-Principle Approval of Alternate Mechanism (AM) to proposed amalgamation of Syndicate Bank into Canara Bank 2020 -Canara Bank raises Rs 1,012 cr by issuing Basel III bonds 2024 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

The Bank is a Government of India undertaking, and carries on all banking business. The Bank was brought into existence by an ordinance passed on the 19th July 1969 by the Central Government. In terms of the ordinance the undertaking of the Canara Bank Ltd was vested to and transferred to the new bank. This ordinance was replaced by the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1969. This Act was declared null & void by the Supreme Court on the 10th of February 1970 and subsequently the Ordinance was promulgated. Then the Banking Companies(Acquisition and Transfer of Undertaking) Act, 1970 was passed and it was made effective retrospectively from 19th July 1969. 2000 - Canara Bank became the first public sector bank to join the MasterCard ATM network. - Canara Bank has launched its gold deposit scheme in Bangalore, offering 3-3.5 per cent interest on the deposits. - The Canara Bank and Bank of India have envinced interest to provide loan to the Rs 6,500 crore joint venture Bharat Oman Refineries project in Madhya Pradesh. - Public Sector Canara Bank has hiked prime lending rate and MTLR to 12.25 per cent from 11.75 per cent and 12 per cent respectively with effect from 10th August. - The Bank came up with a vanilla bonds issue of Rs 300 crore to increase the tier-II capital before september 30. - Bangalore - based Canara Bank has set up four corporate service branches in Bangalore, Mumbai, Delhi and Chennai and is likely to covert more branches for specialised services. - Canara Bank, the 100 per cent government-owned public sector bank will be roping in an overseas joint venture partner for its mutual fund subsidiary in the next three months. - Canara Bank has entered into an agreement with the Al Mirza group in Oman for opening an exchange house that will be managed by officers deputed by the bank. - Canara Bank will introduce its voluntary retirement scheme on January 1, 2001. - Canbank Factors Ltd., a subsidiary of Canara Bank, has launched its export-factoring activity and has appointed GE Capital International Finance, SPA as is import factor. 2001 - Canbank Factors Ltd., a subsidiary of Canara Bank, has opened its eighth branch in New Delhi. - The Public Sector Canara Bank has entered into an arrangement with the Infrastructure Development Finance Company for financing core sector projects. - Canara Bank has named RV Shastri as its new chairman and Managing Director. 2002 -Drops plan to bring in a joint venture partner in its proposed credit card subsidiary -Canbank Computer Services Ltd, a subsidiary of Canara Bank, awarded the revised ISO certification, ISO 9001:2000, by BVQI -Launches Laghu Udhyami Credit Card to give its small borrowers credit facilities -Reduces interest rates on NRE and domestic term deposits -Launches 3 ATMs at Nanganallur, Annanagar and Valmikinagar of Tamil Nadu -Reduces interest on housing loan -Slashes Prime Lending Rate to 11.5% from 11.75% -Eight Regional Rural Banks (RRBs) sponsored by Canara Bank report total business of Rs 4,030 crore -Hands over dividend of Rs 80 crore to the Union Government -Reduces its equity capital to Rs 300 crore -Returns 48 per cent (Rs 277.87 crore) of its capital of Rs 577.87 crore to Central Government -Launches 'Anywhere Banking' facility in Hyderabad making it the fifth city in the country to have the facility in addition to Bangalore, Mumbai, Delhi, Kolkata & Chennai -Comes out with public issue of 110,000,000 equity shares of Rs 10 each at a premium of Rs 25 per share aggregating Rs 385 crore 2003 -SBI and Canara Bank tie up to kick off full fledged operations in Moscow -Launches a new credit scheme to encourage solar home lighting systems in Karnataka with assistance from the United Nations Environment Programme (UNEP) -Ties up with Aviva Life Insurance Company to act as Corporate Agent for selling the Life Insurance products of AVIVA without risk participation -Aviva Life Insurance launches sale of its products through Canara Bank -Issues Tier II Capital (Unsecured Redeemable Non-Convertible Subordinated Bonds) aggregating Rs 400 crore -Launches a floating rate deposit scheme (FRDS) for high networth individuals -Raises Rs 500 cr via Tier II bonds -Strikes a structured deal with Central Board of Trustees (CBoT) to privately place its tier-2 bond issue for Rs 250 crore at 7.25 per cent -Canara Bank Regional Rural Banks witness 16 % growth for 2002-03 -Adds seven more ATMs in Kerala -Tops the recovery list of Non Performing Assets (NPA) among nationalised banks -Reduces interest rates by 2 pc for SSI loans -Ties up with Mahindra & Mahindra for tractor financing -Canara Bank, Central Bank of India (CBI), Indian Overseas Bank (IOB), UCO Bank and Union Bank of India (UBI) form an alliance to launch `Cash Online' ATM network -Eicher Tractors sign MoU with Canara Bank for providing financing solution to farmers buying Eicher Tractors and other farm implements -- Canara Bank along withCentral Bank of India (CBI) , Indian Overseas Bank (IOB), UCO Bank and Union Bank of India (UBI) have formed an alliance to launch `Cash Online' ATM network -Canara Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing small-scale industries, service sector and for undertaking related infrastructure projects. -Canara Bank unveils special loan scheme for women -Canara Bank raises Rs.250 crore Tier-II capital 2004 -Central Government nominates Smt Supriya Pattnaik, General Manager, Reserve Bank of India, as a Director on the Board of Directors of the Bank with immediate effect in place of Shri C S Murthy -Canara Bank & Bank of India acquire 4% stake in Mercator Lines -Canara Bank enters into strategic tie-up with Western Union and its primary agent AFL WIZ -Introduces a loan scheme for individuals to subscribe to initial public offers at five cities - Bangalore, Chennai, Kolkata, Delhi and Mumbai - with an aim to cater to the needs of retail investors -Canara Bank opens its first Mahila Banking Branch in Kerala -Canara Bank announced the launch of `E-kisan credit card', an ATM enabled card for farmers -Canara Bank has launched a loan scheme for the medical fraternity - Doctor's Choice - in Bangalore - Canara Bank unveils 2 new ATMs in Thiruvananthapuram - Canara Bank ties up with BAL for auto finance -Canara Bank unveils new ATM in Hayatnagar -Canara Bank unveils new branch in Udupi - Canara Bank signs a Memorandum of Understanding (MoU) with M/s Tractor & Farm Equipment Manufacturers Ltd (TAFE). -Canara Bank has announced the launch of a housing loan scheme designed exclusively for the employees of the Kerala Water Authority (KWA) -Canara Bank has entered into a franchise agreement with Western Union Financial Services for money transfer facility -Canara Bank has launched a 'gold card' scheme for exporters, under which it will offer a three-year credit period with an automatic renewal clause, and with competitive interest and charges -Canara Bank, one of the premier Banks in the country has signed a Memorandum of Understanding (MoU) with M/s Kerala Agro Machinery Corporation Limited (KAMCO), one of the largest manufacturers of power tillers -Canara Bank, one of the premier Banks in the country has signed a Memorandum of Understanding (MoU) with M/s Plastro Plasson Industries (India) Ltd, one of the leading Companies which specializes in manufacturing of micro-irrigation equipments and also undertakes projects on turnkey basis, for financing of micro-irrigation equipments to farmers -Canara Bank and HDFC Mutual Fund on August 12 signed an agreement for the bank to distribute HDFC's MF products through its network -Canara Bank has informed that the Bank vide agreement dated August 12, 2004 with HDFC Asset Management Company Ltd has entered into a strategic alliance for cross selling of the schemes/products of HDFC Mutual Fund, launched from time to time -Canara Bank, TVS Motor rolls out TVS Canmobile -Canara Bank forges alliance with New Holland Tractors -Al Razouki partners with Canara Bank -Canara Bank launches new schemes 'Cantravel', 'Cantech' -Canara Bank signs agreement with Russian Bank 2005 - On January 3, 2004, launches multi-point interactive video conferencing as a means to review the performances of its circles from its headquarters in Bangalore. -Canara Bank inks bancassurance pact with United India Insurance Co Ltd (UIICL). -Canara Bank signs MoU with NCMSL -Canfin Homes launches three new loan products -Canara Bank appoints Shri M B N Rao as Chairman & Managing Director (CMD) up to June 30, 2008 -Canara Bank sets up ATM -Canara Bank begins operation in Shanghai on August 08,2005. -Canara Bank tied up with i-flex Solutions for core-banking project and IBM will be the systems integration partner. -Canara Bank joins hand with Dakshina Kannada milk co-op 2006 -Canara Bank has signed a memorandum of understanding (MoU) with Tata BP Solar India Ltd, to extend a soft loan for the purchase of water heaters -Canara Bank has informed that in exercise of the powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and transfer of Undertakings) Act, 1970 / 1980 read with sub clause (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, nominated Shri Amitabh Verma, Joint Secretary (BOA), Ministry of Finance Banking Division, as a Director of the Bank in the place of Shri G C Chaturvedi, vide notification Dated October 31, 2006, with immediate effect and until further orders. -Retained Number One Position in Aggregate Business among Nationalized Banks. -Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC -(Asia Pacific) Holding and Robeco Groep N.V respectively 2007 - Canara Bank has inked a memorandum of understanding with the ICRA Ltd for credit rating small and medium enterprises. The MoU will facilitate extending comprehensive rating services to all the bank's SME customers. This was especially since Canara Bank was aiming to expand its advances to the sector. -Canara Bank has appointed Shri. Alok Kumar Misra, Executive Director of the Bank as Chairman & Managing Director of Oriental Bank of Commerce by the Government of India, Ministry of Finance, Department of Economic Affairs, Banking Division, vide its Notification dated June 04, 2007. - Canara Bank has appointed Shri D L Rawal, General Manager, Punjab National Bank, as a whole time director (designated as the Executive Director) of the Bank from the date of his taking charge i.e. from June 06, 2007 and until further orders or till the date of his superannuation i.e. upto October 31, 2011, vide notification dated June 06, 2007. - Canara Bank has rolled out two new schemes for their High Networth Individuals - SB Gold (Savings Bank) and Can-Premium Current Account. The schemes offer various services like free debit and credit cards, anywhere banking facility, internet and mobile banking facility with free funds transfer, telebanking and issue of demand drafts at concessional charges, among others. SB Gold scheme, which was first launched in Bangalore last year, has been extended to the bank's customers across the country. - Canara Bank, HSBC Insurance (Asia-Pacific) Holdings and Oriental Bank of Commerce have formally signed agreement to jointly establish life insurance company in India. - Canara Bank announced a 0.50 per cent cut in floating interest rates on home loans, indicating easing cost of funds that prompted segment leader HDFC too to rollback rates last week. 2008 - Canara Bank has informed that in exercise of the powers conferred by clause (e) Sub-Section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub- clause (2)(a) of clause 9 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government has appointed Shri. Devender Dass Rustagi, Special Assistant, Canara Bank, Recovery Section, Circle Office, Nehru Place, New Delhi as Workmen Employee Director on the Board of Directors of Canara Bank, vide Notification dated September 15, 2008, for a period of three years from the date of Notification or until further orders whichever is earlier. -The Bank crossed the coveted Rs. 3 lakh crore in aggregate business -The Bank's 3rd foreign branch at Shanghai commissioned 2009 - Canara Bank has appointed Shri. Jagdish Pai K L, General Manager, Bank of India as a whole time director (designated as Executive Director) of Canara Bank with effect from the date of his taking over charge and up to June 30, 2011 i.e. the date of his superannuation or until further orders, whichever is earlier, vide notification dated February 04, 2009. - Canara Bank has entered into an alliance with Hyundai Motor India Ltd to finance the passenger vehicles manufactured by the company. The bank will extend the finance facility to the buyers through its branches across the country as well as through the 251 Hyundai dealers. - Canara Bank has informed BSE that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3, sub-clause (1) clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with the Reserve Bank of India, has appoints Shri. H S U Kamath, General Manager Union Bank of India as a whole time director (designated as Executive Director) of Canara Bank with effect from the date of his taking over charge and up to December 31, 2013 i.e., the date of his superannuation or until further orders, whichever is earlier, vide notification dated March 26, 2009.He has taken charge as Executive Director of the Bank w.e.f. March 26, 2009. - Canara Bank has has appointed the following six audit firms as Statutory Central Auditors of the Bank for the year 2009-10: 1. M/s. M Anandam & Co., Chartered Accountants, Secunderabad.2. M/s. N Sankaran & Co., Chartered Accountants, Chennai.3. M/s. S Bhandari & Co., Chartered Accountants, Jaipur.4. M/s. Manubhai & Co., Chartered Accountants, Ahmedabad.5. M/s. R K Kumar & Co., Chartered Accountants, Chennai.6. M/s. Nandy Halders & Ganguly, Chartered Accountants, Kolkata.Out of the above, the first two firms are continuing Statutory Central Auditors, while the remaining firms have been appointed in place of M/s. S N Mukherji & Co.,, M/s. De Chakraborty & Sen, M/s. Satyanarayana & Co., and M/s. Parakh & Co., who have completed their term. 2010 - Canara Bank has nominated Shri Khalid Luqman Bilgrami as part-time non-official Director under Chartered Accountant category, on the Board of Directors of Canara Bank. 2011 -Canara Bank Q4 net up 79% at Rs 898 cr -Canara Bank raises $350 mn via bonds(India&rsquo;s state-owned Canara Bank on March 3 priced its inaugural senior international bond transaction amounting to USD350 million, taking advantage of a window of opportunity). -Canara Bank raises Rs 2,000 cr in share sale 2012 -Total number of branches reached 3600. The Bank's 5th foreign branch at Manama, Bahrain opened. -The total business of the Bank stood at 552513 crore. 2013 -Canara Bank inks MoU with United India Insurance -Canara Bank to open new branch in New York -Canara Bank ties up with Apollo Munich 2014 -Canara Bank to open 38 branches in Jammu & Kashmir -Canara Bank to open branch in New York -Canara Bank inks MoU with Three Wheels United India 2015 -Canara Bank bags 3 MSME awards 2016 -Canara Bank gets Carbon Offset Certificate from Micro Energy Credits, USA -Canara Bank launches UPI mobile app. 2017 - Canara Bank said that it has diluted it's 13.45 per cent stake in Can Fin Homes Ltd to Caladium Investment for Rs 753.77 crore. -Canara Bank to raise Rs 6,300 cr through securities -Canara Bank has decided to sell nearly 9 per cent stake in the credit ratings firm CARE Ltd that could fetch it over Rs 393 crore. -Canara Bank raises USD 400 mn via senior unsecured bonds -Canara Bank to raise up to Rs 3,500 cr through QIP 2018 -Canara Bank has informed that Allotment of 13,59,54,616 Equity Shares to the Government of India on Preferential Basis -Canara Bank to raise Rs 4.5 bn via stake sale in Canbank Facto 2019 -Canara Bank has informed that Amalgamation/Merger - In-Principle Approval of Alternate Mechanism (AM) to proposed amalgamation of Syndicate Bank into Canara Bank 2020 -Canara Bank raises Rs 1,012 cr by issuing Basel III bonds 2024 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

Parent Organisation

Canara Bank

Founded

01/07/1906

Managing Director

Mr.Hardeep Singh Ahluwalia

NSE Symbol

CANBKEQ

FAQ