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The Economic Times

Business / The Economic Times

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Canara Bank plans to raise Rs 4,000 crore via tier-2 bonds

In a strategic move, Canara Bank will raise 4,000 crore through tier-2 bonds by the end of March, aiming to support a promising 13% increase in fiscal year advances. With board approval for a more ambitious fundraising strategy, the bank also plans to reinvest profits to boost its expansion efforts.

31 Jan 2026 9:49 am