Bengaluru: Canara Bank recently announced plans to tap the Tier-2 bond market, launching a ₹5,000-crore issue to strengthen its capital base and support future growth plans. The issue is scheduled on 26 February 2026 (Thursday) on the Electronic Bidding Platform of the National Stock Exchange.
Canara Bank is set to raise upto ₹5,000 crore through Basel III-compliant Tier-2 bonds. The proposed raise comprises a base issue of ₹2,000 crore with a green shoe option of up to ₹3,000 crore, enabling the bank to respond flexibly to robust investor appetite.
