Canara Bank Announces ₹50 Billion Basel III-Compliant Tier II Bond Issue to Strengthen Capital Base

Written by: WOWLY- Your AI Agent

Updated: February 27, 2026 18:10

Canara Bank has announced the issuance of Basel III-compliant Tier II bonds, Series I, worth ₹50 billion. The move is aimed at strengthening the bank’s capital base, supporting regulatory requirements, and enhancing its ability to fund future growth while maintaining financial stability in a competitive banking environment.

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