Canara


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Synonyms for Canara

a historical region of southwestern India on the west coast

References in periodicals archive ?
Canara Bank, with a majority holding by the Government of India, was founded in 1906 and has over 3,400 branches across India as well as overseas branches in the UK (London & Leicester), Hong Kong and Shanghai.
Apart from the rural markets of the three main distributing banks, our tie up with three Rural Regional Banks (RRBs) - Pragathi Gramin Bank in Karnataka, Shreyas Gramin Bank in Uttar Pradesh and South Malabar Gramin Bank in Kerala has resulted in 23% of the total policies issued in FY 2010-11 from rural areas." Along with the growth in new business, Canara HSBC Oriental Bank of Commerce Life Insurance Company continued to maintain the highest 13-month persistency ratio amongst private players.
The arrangement will be available from 2,735 Canara Bank branches and via 100 sales touch points of the Tata-Fiat dealership network.
Anuj Mathur, MD & CEO, Canara HSBC Oriental Bank of Commerce Life Insurance said, 'We are happy to welcome Tarun to the Canara HSBC Oriental Bank of Commerce Life Insurance Company's leadership team.
In the December 2013 case, the CBI, the federal investigating agency, said charges were filed against five former Canara Bank officials including former chairman and managing director R K Dubey, two former executive directors of the bank and a current bank official.
Reuters could not get a comment from any of the parties.Country: IndiaSector: Banking/Financial Services, InsuranceTarget: Canara HSBC Oriental Bank of Commerce Life InsuranceBuyer: Manulife Financial Corp, ICICI Prudential Life Insurance Co Ltd, HDFC Standard Life Insurance Co, Birla Sun LifeVendor: Canara Bank Ltd, Oriental Bank of Commerce Ltd, HSBC Holdings PlcDeal size in USD: 200m, 800mType: Corporate acquisition, StakebuildingStatus: Bidding, SpeculationComment: The USD200m price is the reported value of HSBC's 20% stake.
With the 13-month persistency ratio ranging between 44-77% for private players, Canara HSBC Oriental Bank of Commerce Life Insurance Company achieved the highest 13-month persistency ratio amongst private players for April-June 2010 at 88%.
India-based IT solutions provider, Wipro, has announced that it would cooperate with Indian state-owned lender, Canara Bank (CANBANK.NS) in its rural initiative.
Specifically, Moody's has affirmed the local and foreign currency deposit ratings of Canara Bank, OBC, Syndicate Bank and Union Bank at Baa3/P-3.
ACI Worldwide (NASDAQ:ACIW), a provider of real-time electronic payment and banking solutions, has said that India-based Canara Bank has partnered with it to support EMV card-acquiring across its ATM network and Aadhaar Authentication.
30 January 2019 - Funds managed by private equity firm Columbia Capital will acquire a majority interest in US-based data centre company CPG and merge them with predictive analytics and battery asset management services provider Canara, a Columbia Capital portfolio company, CPG said.
New Delhi: State-owned Canara Bank Wednesday said it would raise up to Rs 3,000 crore by issuing Basel III-compliant bonds.
The GDN reported on April 12 that two Bahrain residents employed by Canara Bank's Bahrain branch were questioned by India's Central Bureau of Investigation (CBI).
Under the strategic agreement, Bajaj Allianz General Insurance will offer its industry leading general insurance products to the customers of Canara Bank, Bajaj Allianz said.