Business Standard

Canara Bank successfully raises Tier II Bonds of Rs 2000 cr

Image

Capital Market
Canara Bank has successfully raised Basel III Compliant Tier II Bonds, Series I. The bank came out with issuance of Rs. 2000 crore of Tier II Bonds on 25 August 2022. The bank received a total bid amount of Rs. 8932 crore, out of which full issuance of Rs. 2000 crore was accepted at 7.48%.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 26 2022 | 7:10 PM IST

Explore News