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Canara Bank raises Rs 120 crore through bonds

02 Feb 2021 Evaluate

Canara Bank has raised Rs 120 crore through Non Convertible, Perpetual, Taxable, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier I Bonds Series IV and allotted 8.30%, 1200 bonds on February 02, 2021.

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 959.05
PNB 111.70
Bank Of Baroda 233.10
Canara Bank 118.95
Union Bank Of India 167.50
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