News for Canara Bank (CANBK.NS)

Stocks including RIL, TCS, Bharti Airtel, IREDA, Adani Green, RVNL, PB Fintech, NPTC Green, Nykaa and Vodafone Idea will be in the spotlight on Wednesday, March 12.

The Nifty Bank index closed 0.75 per cent down at 47853.95.

The Nifty Bank index was trading 0.59 per cent down at 47932.5.

The Nifty Bank index was trading 0.09 per cent up at 48541.75.

The two banks which recently added to the list are Tamilnad Mercantile Bank (included on March 5, 2025) and IDFC First Bank which got added on Nov 27, 2024. Another bank which added to the list is Dhanlaxmi Bank on June 26, 2024.

The Nifty Bank index closed 0.28 per cent up at 48627.7.

The Nifty Bank index closed 0.51 per cent up at 48489.95.

The Nifty Bank index was trading 0.42 per cent up at 48447.3.

The Nifty Bank index closed 0.27 per cent up at 48245.2.

The Nifty Bank index was trading 0.34 per cent up at 48279.7.

Mintoak acquires Digiledge for bill payments and CBDC capabilities, enhancing services for SMEs and partner banks.

The startup, which is backed by Pravega Ventures, HDFC Bank, and PayPal, will use the funds to acquire firms that offer complimentary services to small enterprises. Its first buy, Digiledge, offers bill payments and CBDC.

Fintech SaaS platform Mintoak has acquired Bengaluru-based Digiledge to add bill payments and Central Bank Digital Currency (CBDC) solutions to…

The Nifty Bank index closed 0.48 per cent down at 48114.3.

Indian equities extended their losing streak, with over 1,100 BSE stocks hitting 52-week lows amid foreign outflows, weak earnings, and trade concerns. Nifty 50 is near bear market territory, while midcap and smallcap indices posted their worst losses since 2020. Despite the downturn, India remains the fastest-growing major economy, prompting selective investment opportunities.

The Nifty Bank index was trading 0.91 per cent down at 47906.2.

The NSE Nifty index was trading 68.61 points down at 22056.1

RINL utilizes funds to prevent loan defaults, seeks interest rate revision for turnaround, with SBI leading exposure.

After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked lending rates. Most other banks are also expected to cut their lending rates in line with the RBI rate cut.