C
anara Bank has decided to raise additional capital of Rs 1,500 crore through issue of BASEL-III complaint Tier-II Bonds (Series-I). The Bond Committee during the course of its meeting held on December 16, 2013 has decided for the same. The bank received ratings of ‘AAA / Stable’ from CRISIL and ‘AAA (hyb)’ from ICRA for the proposed issue of the said bonds.
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