Tuesday, April 16, 2019, 8:27 PM
Some lenders to Jet Airways have demanded more pledged shares of founder Naresh Goyal and planes owned by the airline as collateral for advancing further loans, even as the banks' consortium remains sharply divided on additional debt assistance to Jet. The latest condition was communicated to Jet's management in a meeting on Monday evening. A meeting in the morning was inconclusive.
Tuesday, December 18, 2018, 7:52 PM
SBI is looking to buy out Canara Bank's loans of about Rs.400 crore in Ratnagiri Gas and Power Pvt. Ltd, erstwhile Dabhol Power Co., said two people in the know. This is expected to be the first-resolution under the ICA, which is part of government's Project Sashakt aimed at resolving bad loans. An IBA official said they have not received any proposal from SBI.
Thursday, August 2, 2018, 7:09 PM
Kolkata, the city of joy has been struck by a new kind of cash-crisis these days. Since July 24 till date, a total of 76 complaints have been filed in Kolkata. Customers of Canara Bank, Punjab National Bank and Kotak Mahindra Bank have mainly submitted the complaints. So far, approximately Rs 18-20 lakh have been withdrawn by frauds through skimming of ATM cards.
Wednesday, June 27, 2018, 10:42 PM
Canara Bank will issue up to 6 crore equity shares to its staff to raise up to Rs.1,000 crore under employee stock purchase scheme. The bank has plans to raise Rs.7,000 crore during 2018-19. "The board has decided to raise equity share capital up to Rs.60 crore, through Canara Bank Employee Share Purchase Scheme amounting to a maximum of Rs.1,000 crore," bank said.
Wednesday, June 13, 2018, 10:33 PM
Canara Bank on Wednesday said it will raise up to Rs.7,000 crore through various means, including rights issue and qualified institutional placement (QIPs). The Board has decided to raise equity share capital amounting up to Rs.7,000 crore (including premium) by way of QIP/rights issue/ESPS/ private placement/ preferential allotment/any other approved means during financial year 2018-19.
20 June 2008, Friday
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