He attributed the decline to the high interest-rate environment, which is prompting customers to shift surplus funds into high-yield fixed deposits. Canara Bank introduced two high-interest ...

Canara Bank has lowered its guidance on net interest ... Depositors are moving funds into retail term deposits due to higher interest rates compared to savings deposits, which has led to a fall ...

BofA Securities adjusted its outlook on Canara Bank (NSE:CNBK) (CBK:IN), reducing the price target from INR135.00 to INR125.00, while still recommending the stock as a Buy. The reevaluation followed ...

RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank for non-compliance of KYC norms, loan breaches ...

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 ...

Bengaluru-based public sector lender Canara Bank expects to surpass its deposit ... If market liquidity improves, deposit rates could soften, positively impacting the net interest income (NII).

Public sector lender Canara Bank’s net profit rose by 12.25 per cent year-on-year (Y-o-Y) to Rs 4,104 crore during the third quarter ended December 2024 (Q3FY25), aided by non-interest income ...

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...

Banking stocks surged following the RBI's announcement of measures to inject Rs 1.5 lakh crore into the system, easing liquidity concerns and raising hopes for an interest rate cut. Jan 28, 2025 11:52 ...

Canara Bank aligns its RD rates with FD rates, offering 5.50% to 7.30% for tenures between 6 months and 10 years. The highest rate of 7.30% is available for a specific tenure of 444 days.

Facebook X (was Twitter) The highest interest rate offered on deposits for a one-year period is 7.25% by Yes Bank, while Bank of Baroda and Canara Bank offer the second highest at 6.85%. HDFC Bank Ltd ...

According to the IDBI Bank website, the latest MCLR for overnight tenor is 8.45%. For a one-month tenure, the MCLR is at 8.60%. The three-month MCLR rate for IDBI Bank customers is at 8.90%. The ...