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Canara Bank raises ₹5,000 crore
Mint Bangalore
|February 27, 2026
State-run lender Canara Bank on Thursday raised ₹5,000 crore through a bond sale.
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The Basel III-compliant Tier-II bonds maturing in 10 years have been sold at a coupon rate of 7.24%, traders in the know said.
The base issue was ₹2,000 crore, while the rest has been raised utilizing the greenshoe option, they said.
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