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Canara Bank planning to raise additional equity capital up to Rs 1000 crore

06 Feb 2018 Evaluate

Canara Bank is planning to raise additional equity capital up to Rs 1000 crore by way of any one or more of the following modes, viz. Qualified Institutional Placements (QIP)/ Rights Issue/ Preferential Allotment/ Follow-on Public Offer/ Employees Stock Purchase Option (ESPS)/ any other mode approved by RBI/GOI/SEBI.  The meeting of the Board of the Bank will be held on February 08, 2018, 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.

Canara Bank Share Price

142.35 1.30 (0.92%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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