Canara Bank raises Rs. 1500 crore through Basel III compliant bonds

Canara Bank has successfully raised Basel III Compliant Additional Tier I Bonds, Series II. Our bank came out with issuance of Rs. 1500 Crore of Additional Tier I bonds on 30.11.2021. The bank received total bid amount of Rs. 4699 Crore, out of which full issuance of Rs. 1500 Crore was accepted at 8.05%.

Shares of Canara Bank was last trading in BSE at Rs. 207.10 as compared to the previous close of Rs. 206.80. The total number of shares traded during the day was 598621 in over 5504 trades.

The stock hit an intraday high of Rs. 208.00 and intraday low of 203.60. The net turnover during the day was Rs. 122947878.00.

Source : Equity Bulls

Keywords

CanaraBank INE476A01014 CANBK FundRaising Bonds BaselIIICompliant