Canara Bank raises Rs. 1635 crore through Tier-1 bonds

Canara Bank has raised Capital by issuing Additional Tier-1 Bonds to the tune of Rs.1635 Crore at 8.50% Coupon on 31-12-2020. This will help the Bank to increase its capital adequacy ratio.

Shares of CANARA BANK was last trading in BSE at Rs.128.95 as compared to the previous close of Rs. 129.45. The total number of shares traded during the day was 842047 in over 6562 trades.

The stock hit an intraday high of Rs. 130 and intraday low of 127.5. The net turnover during the day was Rs. 108560369.

Source : Equity Bulls

Keywords