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.