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Canara Bank looking to raise capital in current fiscal

24 May 2021 Evaluate

Canara Bank is looking to raise capital through a mix of equity and debt instruments in the current fiscal and a meeting of the board of directors will take place on May 28. However, the bank has not mentioned how much amount it plans to raise during 2021-22.

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 958.65
PNB 111.75
Bank Of Baroda 233.20
Canara Bank 118.40
Union Bank Of India 166.95
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