Canara Bank — Board Meeting, 12-06-2025: Outcome of Board Meeting

Canara Bank has announced a board meeting and approved a capital raising plan of up to Rs 9,500 Cr for FY 2025-26 through debt instruments. The fundraise includes Rs 3,500 Cr via Basel III-compliant Additional Tier I bonds and Rs 6,000 Cr through Tier II bonds, subject to market conditions and approvals. This is aimed at boosting the bank’s capital base to fuel growth plans.