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Canara Bank informs about board meeting

08 May 2017 Evaluate

Canara Bank has informed that the Audited Financial Results of the Bank for the Quarter and Year ended 31.03.2017 were approved by the Board of Directors at its meeting held on 08.05.2017. A copy of the same is enclosed along with the Report of the Auditors. The Bank has sought permission from RBI to declare minimum dividend for the year 2016-17 as per the RBI guidelines. Pending RBI approval, the Board has recommended payment of Dividend of Rs 1.00 (10%) per Equity Share of face value of Rs 10 each for the year 2016-17 subject to the approval of the shareholders in the ensuing Annual General Meeting. Book-Closure dates for the purpose of the Annual General Meeting (AGM) of the Bank and the other relevant dates would be announced later.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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