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Canara Bank raises Rs 325 cr via bonds

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BS Reporter Bangalore

Canara Bank raises Rs 325 cr via bonds
BS Reporter / Bangalore January 07, 2009, 14:03 IST

Canara Bank today said it has raised Rs 325 crore by way of lower tier-II bonds of 10 years maturity at a coupon rate of 8.08 per cent payable annually.

The bonds are rated AAA by ICRA and CRISIL, the bank said in a statement.

 

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First Published: Jan 07 2009 | 2:03 PM IST

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