Canara Bank slashes MCLR by up to 30 bps across various tenors The overnight and one-month lending rates have been cut by 20 basis points (bps) to 7 percent each. The three-month MCLR has been revised to 7.15 percent from 7.45 percent, Canara Bank said in a regulatory filing.
PSU bank stocks can be good trading options over next few weeks: Kunal Bothra 'The banking stocks made a very strong comeback. There were very strong and solid moves in individual names. This is generally and typically seen in the markets whenever we bounce back from oversold territories.'
Canara Bank to raise up to Rs 2,000 crore equity capital The bank's board at its meeting held on Friday decided to raise an "additional equity share capital amounting up to Rs 2,000 crore, including securities premium, through the QIP route, it added.
F&O: Market under bear grip; VIX spike shows volatility to stay As long as Nifty sustains below 11,000 level, any small bounce could be sold for further weakness towards 10,650-10,600 zone, while on the upside, the medium-term hurdle has shifted lower to the 11,111-11,250 zone.