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Canara Bank rises on developing web portal for implementing NSIGSE

Canara Bank | Bank - Public | BFSI | BSE: 532483 | NSE: CANBK

29 Feb 2012 Evaluate

Canara Bank is currently trading at Rs. 514.95, up by 1.80 points or 0.35% from its previous closing of Rs. 513.15 on the BSE.

The scrip opened at Rs. 524.90 and has touched a high and low of Rs. 525.30 and Rs. 501.00 respectively. So far 46589 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 667.90 on 18-Apr-2011 and a 52 week low of Rs. 349.05 on 27-Dec-2011.

Last one week high and low of the scrip stood at Rs. 525.75 and Rs. 472.10 respectively. The current market cap of the company is Rs. 22783.49 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 24.81% and 7.47% respectively.

Canara Bank along with the Union Ministry for Human Resource Development has developed a web portal for implementing the National Scheme of Incentive to Girls for Secondary Education (NSIGSE). The web portal was launched by Union Minister of State for HRD in New Delhi on February 28, 2012.

The Centrally Sponsored Scheme ‘National Scheme of Incentive to Girls for Secondary Education’ was launched in May 2008 to improve enrolment and retention of girls belonging to weaker sections at the secondary level. It covers all the SC/ST girls below 16 years of age joining class nine in Government and Government-aided schools and all girls passing standard VIII form Kasturba Gandhi Balika Vidyalayas schools.

As per the scheme, a sum of Rs 3,000 is deposited by the Ministry in the name of eligible girls at the time of enrolment to Class IX as fixed deposit. After successful completion of class-X and attaining 18 years of age, the amount along with accrued interest will be automatically credited to the accounts of the students through the web-portal developed by the bank. Canara bank is the implementing agency for the scheme.

Last year in October, Canara Bank held an awareness programme for the beneficiaries of a loan scheme for unemployed youth belonged to SC/ST communities in alliance with Hubli-Dharwad Municipal Corporation.

Canara Bank Share Price

142.35 1.30 (0.92%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
SBI	1080.35
PNB	114.50
Canara Bank	142.35
Bank Of Baroda	280.00
Union Bank Of India	188.90
View more..

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Canara Bank rises on developing web portal for implementing NSIGSE

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