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Canara Bank planning to raise funds

21 Dec 2017 Evaluate

Canara Bank is planning to raise funds by issue of equity shares through Qualified Institutional Placement (QIP) route and connected issues. The Board Meeting of the Bank is scheduled to be held on December 26, 2017, to consider the same.

Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.

Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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