Busines

Canara Bank raises ₹1,635 crore

Canara Bank said it has raised capital by issuing Additional Tier-1 Bonds to the tune of ₹1,635 crore at 8.50% coupon on December 31. “This will help the bank to increase its capital adequacy ratio,” the bank said in a statement.

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Printable version | Dec 31, 2020 11:50:45 PM | https://www.thehindu.com/business/canara-bank-raises-1635-crore/article33465724.ece

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