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Canara BankOthers, 26-06-2025: Shareholders meeting

26-06-2025 | 06:22 pm

Canara Bank has announced a board meeting on the 23rd Annual General Meeting through VC/OAVM where key agenda items were approved by shareholders. The bank declared a dividend of Rs. 4/- per share (200% of face value) for FY 2024-25. Shri S K Majumdar has been appointed as Executive Director, bringing over 25 years of banking experience. M/s Ragini Chokshi & Co. was appointed as Secretarial Auditor for five years. Ms. Nalini Padmanabhan was reappointed as Part-time Non-Official Director for one year. The bank highlighted strong digital initiatives, including AI implementation and integration with RBI’s Unified Lending Interface, positioning it well for future growth.

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