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Canara Bank allots 27.69 crore equity shares to Government

06 Dec 2019 Evaluate

Canara Bank has allotted around 27.69 crore equity shares to the Government of India, Promoter of the Bank, on preferential basis on December 04, 2019. After acquisition the Government’s holding in the bank has increased from 70.62% to 78.52%.

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.

Peers
Company Name CMP
State Bank Of India 957.00
PNB 120.35
Bank Of Baroda 231.00
Canara Bank 116.40
Union Bank Of India 178.50
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