Canara Bank raises Rs 2,500 crore through bonds

“Our bank came out with the issuance of Rs 2,500 crore of tier-II bonds on December 12, 2021. The bank received a total bid amount of Rs 9,374 crore, out of which full issuance of Rs 2,500 crore was accepted at a coupon rate of 7.09 per cent per annum,” the bank said.