State-owned Canara Bank fixes record date of May 15 for stock split
Fri, Apr 19, 2024 6:57 PM

State-owned Canara Bank fixes record date of May 15 for stock split

A Flip by Riya Sharma
Get it on Google Play
In February, the bank's board had approved splitting existing shares of face value of Rs 10 each into 5 shares having a face value of Rs 2 each, fully paid up, ranking pari-passu in all respects, Canara Bank said in a regulatory filing. The Reserve Bank of India (RBI) gave its go-ahead for stock split on April 16, 2024, it said. Shares of Canara Bank were trading at Rs 577.15 apiece, down 1.10%.

More great flips

Manpasand Beverages | ‘Fake’ company, GST fraud & more

Manpasand Beverages | ‘Fake’ company, GST fraud & more

Manpasand Beverages Scam: Capital markets regulator Securities and Exchange Board of India (SEBI) has barred Manpasand Beverages Ltd (MBL) and its three top officials from the securities markets for three years and imposed a penalty totalling ₹68 lakh on them for manipulating and mis-stating the company's financial statement.In its order, the regulator said that the financial statements.

Open Flip
RBI lifts restrictions on Bajaj Finance's eCOM

RBI lifts restrictions on Bajaj Finance's eCOM

The Reserve Bank of India (RBI) has lifted the restrictions on Bajaj Finance's two products eCOM and online digital ‘Insta EMI Card’, with immediate effect, company said in an exchange filing on May 2.The company further said that it would now resume sanction and disbursal of loans in the above two business segments including issuance of EMI cards.

Open Flip
Bayer acquires remaining 25% stake in Bayer Zydus Pharma

Bayer acquires remaining 25% stake in Bayer Zydus Pharma

Pharma majors Bayer Pharmaceuticals Private Limited and Zydus Lifesciences Limited (formerly Cadila Healthcare) on May 2 announced the conclusion of their joint venture (JV) - Bayer Zydus Pharma Private Limited (BZPPL). The announcement came after Bayer acquired the remaining 25 percent stake in Bayer Zydus Pharma to secure full ownership.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon