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Canara Bank to raise capital through QIP

22 Sep 2020 Evaluate

Canara Bank is planning to raise capital through Qualified Institutional Placement (QIP). A meeting of the Board of Directors of Canara Bank is scheduled to be held on September 25, 2020.

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 961.80
PNB 112.20
Bank Of Baroda 233.50
Canara Bank 119.05
Union Bank Of India 167.75
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