Security Cover Certificate for the FY 31.03.2026
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Canara Bank has submitted its Security Cover Certificate for Q4 FY26, certified by Statutory Central Auditors M/s K Venkatachalam Aiyer & Co. The bank has Rs 54,403 crore of listed unsecured non-convertible debt securities outstanding across 17 bond series (including Basel III AT1 and Tier II bonds). Since all these securities are unsecured, the requirement to provide asset security cover does not apply as per SEBI guidelines. The auditors confirmed that the bank has fully complied with all covenants and terms of these debt issues as of March 31, 2026.
This is a routine regulatory compliance filing confirming Canara Bank is meeting all debt covenants. No action or concern for shareholders as the bank operates within required parameters for its Basel III capital bonds.