Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Hot Pursuit
Close

Scrips, which has significant changes during the market hours.

 
Canara Bank faces Rs 1.49 lakh penalty from the Reserve Bank of India for remittance issues
10-Aug-26 14:44Hrs IST

Canara Bank is down 1.96% to Rs 129.37, paring recent gains of 1.79% over the last week. Canara Bank has disclosed that the Reserve Bank of India has imposed a monetary penalty of Rs 1,49,450.00 due to issues including CC Remittance Shortage of Rs 1,24,100.00, Mutilated Notes in CC Remittance amounting to Rs 23,350.00, and Counterfeit notes in CC Remittance of Rs 2,000.00, as informed to the Bombay Stock Exchange (Scrip Code: 532483) and the National Stock Exchange of India (Scrip Code: CANBK) on August 10, 2026, with the penalty impacting the bank’s financial activities to the extent of the stated amount. Canara Bank shares traded at a volume of 166.73 lakh today, a decrease of 8.29% from the one-week average volume. Canara Bank grew by 19.91% year-over-year, outperforming the NIFTY50 index's 0.1% loss.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise