Canara Bank plans to raise up to Rs 4,500 crore through Basel III-compliant AT-1 bonds next week at an expected 7.85%-7.90% coupon. The issue is part of its Rs 8,500 crore fiscal capital plan, with Tier 2 bonds planned later.

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

Canara Bank plans to raise up to Rs 4,500 crore through Basel III-compliant AT-1 bonds next week at an expected 7.85%-7.90% coupon. The issue is part of its Rs 8,500 crore fiscal…