Announced Tue, 27 Oct, 2026 · 16:14 IST
RBI approves call on Canara Bank's ₹1,500 crore AT1 bonds
CANBK · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
RBI has approved Canara Bank's proposal to exercise the call option on Basel III compliant Additional Tier I bonds with ISIN INE476A08134, worth ₹1,500 crore. The bank is taking steps to redeem the bonds under their issue terms and applicable rules.
Likely market impact
The bank will retire ₹1,500 crore of AT1 bonds under their call terms, with no new borrowing or equity dilution.