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Canara Bank approves 1:5 stock split for improved liquidity and affordability, pending RBI approval.
Canara Bank's board has approved a 1:5 stock split to improve liquidity and make shares more affordable for retail investors, subject to RBI approval.
The bank reported a 29% Q3 profit increase.
Bank of Baroda shares rose 0.96% as Sensex slid, while Motilal Oswal issued buy calls on State Bank of India (SBI) with a target price of Rs 860 and Bank of Baroda with a target price of Rs 310.
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Canara Bank aprueba la división de acciones 1:5 para mejorar la liquidez y la asequibilidad, pendiente de la aprobación del RBI.