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Canara Bank raises Rs 2,042 crore via Tier I Bonds

21 Sep 2026 Evaluate

Canara Bank has raised Rs 2,042 crore, 8.10% Unsecured, Subordinated, Listed, Rated, Non-Convertible, Perpetual, Fully-paid-up, Taxable, Basel III Compliant Additional Tier I Bonds in the nature of Debentures of face Value Rs 1 crore each. The bonds were allotted on September 18, 2026 and will be listed on NSE. 

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 986.80
PNB 117.65
Bank Of Baroda 233.65
Canara Bank 123.35
Union Bank Of India 176.75
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