Approximately 770 kilometers of medium-voltage power lines will be upgraded to climate-resilient underground and/or covered conductors, essential for improving durability and efficiency against adverse weather conditions
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Home Loans contribute to 77.29 per cent of the total AUM totalling to over Rs 27,400 crore
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Net NPA is 1.1 per cent in Q4 FY24 as against 2.2 per cent in Q3 FY24
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Regarding the financial performance for the fourth quarter ended March 2024, the bank reported a 10 per cent decrease in net profit to Rs 724 crore, primarily attributed to a significant rise in provisions
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It may make sense to lock-in some your investments in FDs at high interest rates, however it is important to remember that FDs are not ideal for long term wealth growth
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K. Satyanarayana Raju, CEO & MD, Canara Bank, discusses RBI's draft lending rules, monitoring of under-construction projects, deposit growth and subsidiary monetisation
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Creditor claims of Rs 1.7 lakh crore resolved through approval of resolution plan in FY2024 against Rs 1.5 lakh crore in FY23, haircut remains high at 73 per cent
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The Chinese insurance giant, which acquired a significant share in HSBC in 2017 through its asset management arm, has been selling off shares in the London-based bank amid a turbulent relationship in recent times
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