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Canara Bank acquires 10% stake in Brickwork Ratings

09 Jul 2013 Evaluate

Canara Bank has acquired ten percent stake or 5,06,667 shares in Bangalore-based Brickwork Ratings. Both the entities will collaborate in various activities related to Banking and Credit Rating. The strategic investment would help take up joint activities on risk management, training, research, financial inclusion, credit rating models, events, conferences etc.

Recently, Canara Bank reduced its minimum benchmark lending rate from 10.25% to 9.95%. The public sector bank also cut deposit rates by up to 50 basis points.

Canara Bank Share Price

129.30 0.50 (0.39%)
13-Jul-2026 16:01 View Price Chart
Peers
Company Name CMP
State Bank Of India 1036.90
PNB 106.35
Bank Of Baroda 250.65
Canara Bank 129.30
Union Bank Of India 170.40
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