State-run Canara Bank was the last lender to tap the market, raising ₹3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in November 2025

State Bank of India plans to issue perpetual bonds soon. The bank aims to raise fifty billion rupees within two weeks. This issuance will be Basel III-compliant with a five-year…

State-run Canara Bank was the last lender to tap the market, raising ₹3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in…