Canara Bank — Important, 27-01-2025: Updates

The Security Cover Certificate for the quarter ended December 31, 2024, certifies the issuance of listed unsecured debt securities totaling ₹53,889.10 crore. The report indicates that the company's total assets provide a cover of 2.01 times the principal amount of unsecured borrowings, aligning with the issuance terms. Additionally, the company has complied with all covenants and terms related to the listed debt securities, with no breaches reported during the quarter. This strong asset coverage reinforces the company's financial stability and creditworthiness, positioning it favorably for investor confidence. Investors should view this as a positive indicator of the company's ability to meet its debt obligations.