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Personal loan rejections can feel discouraging, but they are opportunities for growth. Understanding the reasons behind a ...
Canara Bank announced that it has waived the average monthly balance (AMB) requirement for all types of savings bank accounts ...
The new MCLR of the bank is effective from today. The counter opened gap-up with a gain of 2.42 per cent at Rs 100.01 on the BSE against the previous close ... loans, like auto and personal loans ...
Additionally, the bank is investing in technology and also reducing bad loans. Canara Robeco AMC, a joint venture between Canara Bank (51 per cent) and ORIX Corporation (49 per cent), has filed for an ...
Canara Bank Cuts Home Loan, Vehicle Loan Interest Rates Canara Bank said that with the RLLR reduction, the minimum rate of interest for all loans has been lowered. The interest rate of housing ...
This adjustment by the banks is intended to pass on the benefits of the lowered repo rate to customers, making loans more affordable. Canara Bank has implemented a 25 basis points reduction in its ...
Leading public sector lenders Canara and Indian Bank on Thursday lowered their repo-linked lending rate (RLLR) by 25 basis points in line with RBI making home and vehicle loans cheaper.
In November 2024, Canara Bank ... loan account with them had been classified as “fraudulent” because it had allegedly sanctioned several credit facilities like term loans, guarantees, and ...
These loans were initially intended for capital expenditure and debt repayment. What does Canara Bank's "fraud letter" to Reliance Communications says According to a report in Economic Times ...
The company, in the midst of an insolvency process, received a letter from the bank dated November 5, which classified the loan account of Rcom, Reliance Infratel Ltd and Reliance Telecom Ltd (RTL ...
The loan accounts slipped into Non-Performance Asset ("NPA") on 09.03.2017,” Canara Bank said in its letter to Reliance Communications dated November 5. Canara Bank claims that reasons for classifying ...
Canara Bank has issued a notice ... mentions the issues in using loans worth Rs 1,050 crore, sanctioned as credit facilities for the telecom company. The loans, which included term loans, guarantees, ...