The Board of Canara Bank at its meeting held on 12 June 2025 has approved the capital raising plan of the Bank for the financial year 2025-26 amounting upto Rs 9,500 crore by way of debt instruments (Additional Tier I/Tier II Bonds).
Further, out of the above capital raising plan, the Board of Directors of the Bank has approved the following:
1. To raise capital through Basel III Compliant Additional Tier I Bonds to the extent of Rs 3,500 crore during the FY 2025-26, subject to market conditions and necessary approvals.
2. To raise capital through Basel III Compliant Tier II Bonds to the extent of Rs 6,000 crore during the FY 2025-26, subject to market conditions and necessary approvals.