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Board of Canara Bank to approve capital raising plan for FY22

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Capital Market

On 28 May 2021

The Board of Canara Bank will meet on 28 May 2021 to consider and approved capital raising plan for the Bank for FY 2021-22 through qualified institutional placement issue/ follow-on public offer / rights issue/ preferential issue or any other mode or combination thereof and/ or issue of Basel III bonds or such other securities as may be permitted under applicable laws etc. subject to necessary approvals / permission.

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First Published: May 24 2021 | 4:07 PM IST

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