Second option is we want every subsidiary of Canara Bank to go for an IPO, that option is also open,” Prabhakar said. Currently, Canara HSBC Life Insurance is owned by three entities.

New Delhi, Oct 29 (PTI) State-owned Canara Bank on Tuesday reported an 11 per cent rise in its net profit to Rs ... the finance ministry for the Initial Public Offering (IPO) of Canara Robeco ...

For the full fiscal year 2023-24, the Bengaluru-based bank booked 37.25% more net profit at Rs 14,554 crore as against Rs 10,604 crore in FY23, its managing director and chief executive ...

Additionally, the positive outlook for the banking stock was bolstered by recent news that prominent investor Rekha Jhunjhunwala included Canara Bank in her portfolio during the quarter that ended ...