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News 2026-09-10 02:46 UTC

Canara Bank plans Basel III AT1 perpetual bond sale in FY27

Canara Bank (NSE:CANBK) is set to become the second Indian lender in this financial year to tap the Basel III-compliant additional Tier I perpetual bond route. Three bankers said the bank would issue such funds after the nation's largest bank raised them in July.