Foreign institutional investors (FIIs) have cut their stake in Canara Bank by 68 basis points to 10.82 percent at the end of September 2014 from 11.5 percent as on June 30, 2014. However, domestic institutional investors (DIIs) have raised their shareholding in the bank by 12 basis points to 12.71 percent at the end of Q2FY15 from 12.59 percent as on June 30, 2014.
Meanwhile, Non Institutions were holding 7.47 percent stake in the bank at the end of September 2014, up 56 basis points from 6.91 percent as on June 30, 2014, while corporate bodies were holding 1.45 percent stake at the end of September 2014, up 09 basis points from 1.36 percent as on June 30, 2014. Further, promoters’ shareholding was unchanged at 69 percent at the end of September 2014.
