Canara Bank has informed that the Bank has successfully raised Basel III Compliant Additional Tier I Bonds, Series I. The bank came out with issuance of Rs 2000 Crore of Additional Tier I bonds on 15.07.2022. The bank received total bid amount of Rs 5719 Crore, out of which full issuance of Rs 2000 Crore was accepted at 8.24%. The details of the issue are enclosed. 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.