Canara Bank has raised Rs 2000 crore through Unsecured, Subordinated, Non-Convertible, Redeemable, Fully Paid Up, Taxable, Basel III Compliant Tier II Bonds Series I and allotted 2000 bonds on August 26, 2022.
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.