Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months

Canara Bank wins ‘Banker’s Bank of the Year Award 2022’ for India

Banks MD and CEO L V Prabhakar received the award from the organisers, a statement from the bank said.

Canara Bank wins Banker’s Bank of the Year Award 2022 for India at Global Banking Summit

The winners were judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the past 12 months

Canara Bank Wins ‘Banker’s Bank of the Year Award 2022’ for India at Global Banking Summit in London

The judgment criteria included the ability to deliver returns, strategy, innovation, technology, and product and services in respective geographies in the last 12 months

Canara Bank receives the Banker’s Bank 2022 award

The Canara Bank Jeevandhara saving account is specialised for senior citizens and offers multiple free benefits for the elders.

Canara Jeevandhara saving account for senior citizens: Insurance up to Rs 2 lakh, multiple FREE benefits; Check details here

Jewelry, loan paperwork, savings bonds, insurance policies, and other private valuables that require safekeeping can all be

Bank locker charges of SBI, HDFC Bank, PNB, ICICI Bank, Canara Bank

Among private banks, we expect ICICI Bank and IndusInd Bank would be a frontrunner. While among PSU banks, Bank of Baroda and Canara Bank, and PNB are standing strong and may deliver decent gains in the coming week.

Nifty Bank Outlook: Keep booking profits at high; Canara Bank, PNB and BOB to do well among PSBs

“Shares of state-run institutions have recently outperformed the whole banking industry on Dalal Street by a significant margin. Over the past one month SBI has rewarded 5.07 percent, Bank of Baroda’s 13.07 percent, Canara Bank 14.97 percent and surprisingly PNB has delivered 23.67 percent. Over all…

ETMarkets Smart Talk | ICICI Bank, IndusInd to lead Nifty Bank, says Sumeet Bagadia

“PSU banks remained the darling of the street as the index continues to add to the monthly chart on the back of stellar quarterly earnings from SBI, Canara Bank, and BOB. The index has had positive closes in four out of the last five months, showing the magnitude of the investors’ optimism. Though …

A new bull run has just begun for the PSU Bank index: Rupak De

With this Canara Bank now offers an API based digital workflow of Bank guarantees which will eliminate physical issuance, stamping, verification and paper-based record maintenance of Bank Guarantees paving the way to augment integration of Environmental and Social Governance (ESG) framework into Bus…

Canara Bank launches Electronic Bank Guarantee with NeSL

Among those that hit new 52 week highs were Bank of Baroda at ₹170.30, Bank of India ( ₹81), Canara Bank ( ₹326.55), Indian Bank ( ₹279.45) , PNB ( ₹50.85)

PSU banks hit fresh 52-week highs as Bank Nifty touches record high

Canara Bank Ltd. is an India-based bank. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operation and Other Banking Operations. The Bank provides personal banking, corporate banking, non-resident Indians banking, Internet banking, and micro, small and medium enterprises (MSME) banking services. Its retail lending operations include education loans, vehicle loans, housing loans and other personal loans. Its other services include merchant banking, bancassurance and mutual funds and government business. The Bank undertakes government business, comprising direct and indirect tax collections; payment of Central Government and State Government Pensions; handling of postal transactions and State Government treasury transactions; public provident fund scheme and senior citizens’ saving scheme, and issuing Sovereign Gold Bonds and Sukanya Samridhi Scheme. It has approximately 10,416 domestic branches.

Canara Bank Ltd

Canara Bank Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Canara Bank wins ‘Banker’s Bank of the Year Award 2022’ for India

Canara Bank wins Banker’s Bank of the Year Award 2022 for India at Global Banking Summit

Canara Bank Wins ‘Banker’s Bank of the Year Award 2022’ for India at Global Banking Summit in London

Canara Bank receives the Banker’s Bank 2022 award

Canara Jeevandhara saving account for senior citizens: Insurance up to Rs 2 lakh, multiple FREE benefits; Check details here

Bank locker charges of SBI, HDFC Bank, PNB, ICICI Bank, Canara Bank

Nifty Bank Outlook: Keep booking profits at high; Canara Bank, PNB and BOB to do well among PSBs

ETMarkets Smart Talk | ICICI Bank, IndusInd to lead Nifty Bank, says Sumeet Bagadia

A new bull run has just begun for the PSU Bank index: Rupak De

Canara Bank launches Electronic Bank Guarantee with NeSL

Canara Bank Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Canara Bank wins ‘Banker’s Bank of the Year Award 2022’ for India

Canara Bank wins Banker’s Bank of the Year Award 2022 for India at Global Banking Summit

Canara Bank Wins ‘Banker’s Bank of the Year Award 2022’ for India at Global Banking Summit in London

Canara Bank receives the Banker’s Bank 2022 award

Canara Jeevandhara saving account for senior citizens: Insurance up to Rs 2 lakh, multiple FREE benefits; Check details here

Bank locker charges of SBI, HDFC Bank, PNB, ICICI Bank, Canara Bank

Nifty Bank Outlook: Keep booking profits at high; Canara Bank, PNB and BOB to do well among PSBs

ETMarkets Smart Talk | ICICI Bank, IndusInd to lead Nifty Bank, says Sumeet Bagadia

A new bull run has just begun for the PSU Bank index: Rupak De

Canara Bank launches Electronic Bank Guarantee with NeSL

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock