Canara Bank redeems Rs 1,500 crore AT1 bonds and pays Rs 126 crore interest
CANBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty 100 and 0.1 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Canara Bank paid Rs 1,626 crore on 23 October 2026 to holders of its unsecured Tier 1 capital bonds. This covered Rs 126 crore of annual interest and the full Rs 1,500 crore principal under the call option. The 25 October due date fell on a Sunday, so payment was made on the preceding working day. No balance remains on these bonds.
All interest and principal were paid, leaving no balance on the bond. This routine repayment clears the borrowing and should have little impact on the share price.