Canara Bank is currently trading at Rs. 327.60, up by 2.65 points or 0.82% from its previous closing of Rs. 324.95 on the BSE.
The scrip opened at Rs. 330.00 and has touched a high and low of Rs. 330.35 and Rs. 327.60 respectively. So far 15,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 414.90 on 05-May-2017 and a 52 week low of Rs. 239.65 on 12-Aug-2016.
Last one week high and low of the scrip stood at Rs. 354.60 and Rs. 320.25 respectively. The current market cap of the company is Rs. 19,609.00 crore.
The promoters holding in the company stood at 66.30%, while Institutions and Non-Institutions held 27.18% and 6.53% respectively.
Canara Bank has launched two digital products i.e. ‘Bharat QR’, a platform for payment settlement at merchant locations, and Bharat Bill Payment System, an integrated bill payment system for Net banking customers.
The Finance Ministry’s Department of Financial Services has been propagating that banks need to achieve 25 billion digital transactions by March 31, 2018 and has also allocated targets to all the banks.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.
