CBI has booked Hyderabad-based TransstroyLtd for bank fraud of over INR 79.26 bn(8,000cr) in a consortium led by #canarabank,in biggest banking scam in country so far surpassing misappropriation by NiravModi. Transstroy deals in construction of highways, bridges, metro,oil & gas

Also While SBI has filed a Rs 314 crore fraud case against a Chennai firm

Canara Bank revises MCLR from Oct 7, 2021

#canarabank #MCLR #Revision

Moody's revises Canara Bank's rating outlook to Stable

#CanaraBank #INE476A01014 #CANBK #Banks #RatingRevision

#CanaraBank Q2
- PAT at Rs 1332 cr vs Rs 444 cr YoY
- Gross NPA at 8.42% vs 8.50% QoQ
- Net NPA at 3.21% vs 3.46% QoQ
- NII at Rs 6274 cr vs Rs 6304 cr YoY

#JustIn | Fitch affirms #SBI, #CanaraBank at ‘BBB-‘ , outlook stable