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14 Dec 2016 | |
With reference to the earlier letter dated October 14, 2016 wherein the Company had informed that the Board of the Bank has permitted the Bank to raise Additional Tier- I Capital Funds through issue of BASEL-III Compliant Tier I Perpetual in Rupee Terms domestically for an amount not exceeding Rs. 2500 Crore to maintain healthy CRAR during the current financial year.<BR><BR>Canara Bank has now informed BSE that accordingly, the Bank has raised an amount of Rs. 1000 Crore (out of the permitted amount of Rs. 2500 Crore) as Tranche- I on December 13, 2016 with a coupon of 8.60% PA. | |
View all announcements for CANARA BANK | Source: BSE India |