Bank raises ₹1,500 crore from investors
Canara Bank has raised ₹1,500 crore in Basel III-compliant Additional Tier 1 (AT1) bonds at a coupon rate of 8.40% per annum. This was the first AT1 bond issuance by the bank post the new SEBI regulations.
Canara Bank has raised ₹1,500 crore in Basel III-compliant Additional Tier 1 (AT1) bonds at a coupon rate of 8.40% per annum. This was the first AT1 bond issuance by the bank post the new SEBI regulations.