According to a recent press report, Canara bank has offered to reduce the interest rate for housing loans and home improvement loan by 50 basis points as festival offer. In accordance with these releases the bank has introduced retail loan festival from October10 to January 15, 2012 when these special offers of reduced interest rates… Read More »
A recent press report said that Canara Bank has reduced rates of interest on housing loans and home improvement loans by 50 basis points across all slabs and tenures as a special offer for the festival season. The rates will be applicable from October 10 to January 15, 2012. Reports said that he bank has… Read More »
A recent press report said that the state of Kerala is likely to set benchmark for all by trying to get the top place and being the first to achieve 100% financial inclusion in the country. Ms. Archana Bhargava, executive director of Canara Bank told the press that an announcement confirming that the state likely… Read More »
A recent press report said that Canara Bank has planned not to hike its lending any time soon. The bank has decided not transmit the burden to borrowers immediately. Mr. S. Raman, Chairman and Managing Director, Canara Bank, told the press that the hike depends on the change in deposit rates. He mentioned that the… Read More »
A recent press report said that Canara Bank is likely to fill-up 3000 vacancies in various categories during this year. Ms. Archana S Bhargava, Executive Director, of the bank told the press that apart from clerks, probationary officers, and agricultural officers, specialist positions in areas such as information technology would also be filled-up. She said… Read More »
A recent press report said that Canara Bank is hopeful of maintaining its net interest margin (NIM) at about 3 per cent during the current fiscal, inspite of the hike in interest rates announced by the RBI in its recent credit policy.The bank recently announced a 50-basis-point increase in its base rate to 10 per… Read More »
A recent press report said that Canara Bank has decided to hold data mining or data warehousing to manage the increasing volume of business transactions. Ms Archana Bhargava, Executive Director, of the bank said that the process for the vital technology has reached the Request for Qualification (RFQ) stage in which leading vendors are represented.… Read More »