Canara Bank (CANBK)
Action(s) taken or orders passed
RBI imposed a monetary penalty of Rs. 7.3 lakh on Canara Bank for ATM cashout violations involving 73 ATMs in Karnataka and Tamilnadu. The penalty amount is Rs. 4.7 lakh for 47 ATMs in Karnataka and Rs. 2.6 lakh for 26 ATMs in Tamilnadu. The bank stated the financial impact is limited to the penalty amount.
Source: Original filing PDF
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🚨 CANBK — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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