Canara Bank raises Rs 2500 cr via Tier II bond issuance

Canara Bank has successfully raised Rs 2500 crore by way of alltoment of Basel III Compliant Tier II, Series I Bonds. The bank received total bid amount of Rs 9,374 crore, out of which full issuance of Rs 2,500 crore was accepted at a coupon rate of 7.09% p.a.

Powered by Capital Market - Live News