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Canara Bank raises Rs 169.10 crore through bonds

30 Sep 2020 Evaluate

Canara Bank has raised Rs 169.10 crore through Non Convertible, Perpetual, Taxable, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier I Bonds 2020-21 Series II and allotted 8.30% bonds on September 29, 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 957.00
PNB 120.35
Bank Of Baroda 231.00
Canara Bank 116.40
Union Bank Of India 178.50
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