Canara Bank’s ₹95 Billion Bond Move: Strengthening Capital for Growth

Unknown Apr 02, 2026 1,050 Views

Canara Bank has announced plans to raise ₹95 billion through a combination of Additional Tier I (AT1) and Tier II bonds, reinforcing its capital base and ensuring compliance with Basel III norms. The bank will issue ₹35 billion in AT1 bonds, which are perpetual in nature, and ₹60 billion in Tier...