Canara Bank has raised $ 500 Million through issue of Senior Unsecured Bonds under the $ 2 Billion Medium Term Note (MTN) Programme through the Bank's London Branch. The coupon rate is 5.25% p.a. and the tenure of the Bonds is 5 years. The Bonds are listed on Singapore Stock Exchange.
On standalone basis, the bank has posted a rise of 2.17% in its net profit at Rs 792.07 crore for the quarter ended June 30, 2013 as compared to Rs 775.24 crore for the same quarter in the previous year. Total income has increased by 14.65% at Rs 10507.88 crore for quarter under review as compared to Rs 9165.47 crore for the quarter ended June 30, 2012.
