Canara Bank Seeks Bids for ₹40 Billion 10-Year Tier 2 Bonds

Unknown Apr 02, 2026 800 Views

Canara Bank is set to raise ₹40 billion through the sale of Basel III compliant Tier 2 bonds with a 10-year maturity, including a greenshoe option of ₹30 billion. The bonds have a call option at the end of five years. This move aims to strengthen the bank's capital adequacy and enhance its lo...

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