Canara Bank to raise ₹35 billion via tier-I bond issue
after close1 source ↓written by the desknot a recommendation
- through a tier-I
- ₹35 billion
- bond issue
- 25 Nov 2025
- and a greenshoe
- ₹15 billion
- greenshoe option
- ₹20 billion
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. 💼
Not investment advice. For informational purposes only.