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Canara Bank received credit rating actions from India Ratings & Research, including an assignment for Basel III AT1 bonds and affirmations for other existing debt instruments.
Canara Bank will exercise the call option on three series of Basel III compliant AT1 bonds. This involves bonds with an aggregate principal of ₹4,000 Crore.
Canara Bank's board approved raising up to USD 2,000 million through Senior Unsecured Foreign Currency Bonds. This issuance falls under its existing USD 3 billion MTN programme.
Canara Bank announced the resignation of Shri Mahesh M Pai as Chief General Manager, effective September 01, 2026.
Canara Bank has scheduled a board meeting on September 3, 2026, to consider raising foreign currency funds through the issuance of Senior Unsecured Foreign Currency Bonds.
Canara Bank will sell its 70% stake in subsidiary Canbank Factors Limited to Vidvedaa Private Limited for ₹80.50 Crore. This transaction awaits necessary regulatory approvals.
Canara Bank has completed the annual interest payment of Rs. 248.10 Crore for its Basel III compliant Tier 1 bonds as per regulatory requirements.
Canara Bank confirmed the payment of Rs. 149.60 Crore as annual interest on its Basel III compliant Tier 2 bonds (ISIN: INE476A08175).