Canara Bank soars on inking MoU with NSDC for employment of J&K youth

14 Mar 2013 Evaluate

Canara Bank is currently trading at Rs. 433.90, up by 13.00 points or 3.09% from its previous closing of Rs. 420.90 on the BSE.

The scrip opened at Rs. 420.45 and has touched a high and low of Rs. 434.00 and Rs. 414.05 respectively. So far 44918 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 14-Jan-2013 and a 52 week low of Rs. 306.00 on 30-Aug-2012.

Last one week high and low of the scrip stood at Rs. 443.90 and Rs. 418.10 respectively. The current market cap of the company is Rs. 19130.96 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 25.99% and 6.29% respectively.

Public sector lender, Canara Bank has inked a memorandum of understanding (MoU) with the National Skill Development Corporation (NSDC) for skills development and recruitment of graduate unemployed youth of Jammu and Kashmir under UDAAN.

Under the project, the bank will impart residential training of 3 months to 300 unemployed graduates from the state. After successful completion of training, 150 candidates will be selected for employment in the bank as Probationary Officer (135) and Clerks (15).

This project will be implemented by the bank in coordination with NSDC and the government of Jammu and Kashmir. UDAAN is a special industry initiative of Ministry of Home Affairs for Jammu and Kashmir. Besides, this project is also a part of bank’s Corporate Social Responsibility (CSR) initiative aims at skill development and employability of youth of the state.

 

Canara Bank Share Price

99.65 -3.25 (-3.16%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
SBI 812.50
Bank Of Baroda 240.30
Canara Bank 99.65
PNB 100.70
Union Bank Of India 116.60
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