Canara Bank to raise ₹35 billion via tier-I bond issue

Oicharts Desk |

Canara Bank plans to raise ₹35 billion through a tier-I bond issue on 25 Nov 2025. This issuance will include a base size of ₹15 billion and a greenshoe option of ₹20 billion. As the first perpetual bond of the financial year, this move aims to strengthen the bank's capital base and comply with Basel-III norms. 📈

The bond issue is expected to enhance liquidity and may positively impact investor sentiment towards the banking sector. 💼

📊 STOCKS MENTIONED: $CANBK 🏢 SECTORS: Banking