Canara Bank Float Likely On Nov 18

Canara Bank is set to hit the market with its initial public offer (IPO) on November 18. The issue is likely to close on November 27.

This could possibly be the last public sector bank equity issue in this calendar year. Punjab National Bank hit the market in March this year, followed by Union Bank which got its shares listed on the bourses last month while Kolkata-based Allahabad Bank