Canara Bank plans to raise up to ₹4,500 crore through Basel III-compliant additional Tier I perpetual bonds, with a base issue of ₹2,000 crore and a ₹2,500-crore greenshoe option.

India's Canara Bank

is set to become ​the second lender in this financial

year ‌to tap the Basel III-compliant ​additional Tier I perpetual

bond route, ⁠after the nation's largest bank raised such funds in