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Canara Bank invites bids from merchant bankers for Rs 1500 crore bonds issuance

26 Jun 2019 Evaluate

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.

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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