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Canara Bank eyes $2 billion via overseas bonds
Canara Bank intends to raise two billion dollars from international markets. This significant funding will be secured through its medium term note program. The bank plans to mobilize these funds via its Gift City branch. Senior unsecured foreign currency bonds will be issued for this purpose. This initiative aims to bolster the bank's overseas financial capabilities.
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thehindubusinessline.com
Canara Bank plans to raise ₹4,500 crore through perpetual bonds
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.
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economictimes.indiatimes.com
Canara Bank plans to raise Rs 4,500 crore through AT-1 bonds next week
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…
