30 Sep 2025 | 3 Mins Read

Canara Bank share price surges with SEBI nod for AMC's DRHP update

Flipitmoney

Canara Bank Limited shares surges 3.27% to ₹124.45 amid strong buying interest after the bank's subsidiary receives SEBI approval for its IPO draft, marking a significant step towards its initial public offering, entirely an offer-for-sale with proceeds going to existing sellers and not the AMC itself.