Canara Bank — Important, 08-05-2025: General Updates

Canara Bank has announced a board meeting on the financial results for the quarter and half-year. The bank’s unsecured non-convertible debt securities outstanding stand at Rs. 52,989.10 Cr, with a strong asset coverage ratio of 2.36x, ensuring robust backing for unsecured lenders. All debt covenants are fully met, highlighting the bank’s solid compliance and stable debt position.