31 Oct 2025 | 3 Mins Read
Canara Bank to raise Rs 3,500 crore via AT1 bonds
Flipitmoney
Canara Bank plans to raise Rs 3,500 crore through Additional Tier-I (AT1) bonds by mid-November. The AT1 bonds are part of a Rs 9,500 crore capital raising plan approved by the bank's board on June 12 and will be conducted via Basel III-compliant bonds, subject to market conditions and regulatory approvals.