Canara Bank has informed that the Bank has successfully raised Basel III Compliant Additional Tier I Bonds, Series II. The bank came out with issuance of Rs 1500 Crore of Additional Tier I bonds on 30.11.2021. The bank received total bid amount of Rs 4699 Crore, out of which full issuance of Rs 1500 Crore was accepted at 8.05%. The details of the issue are attached. This is in compliance of SEBI (LODR) Regulations, 2015 and SEBI NCS Regulations, 2021.
The above information is a part of company’s filings submitted to BSE.