Canara Bank has floated RFQ inviting the bids from Merchant Bankers/ Arrangers for the Bank's proposed Basel III Compliant Additional Tier I Bonds issuance to mobilize Rs 1500 crore on June 26, 2019.
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.