Canara Bank to raise Rs 2,500 cr via bonds
The majority of the lender's directors have consented "to raise additional Tier-I capital funds through Basel-III compliant additional Tier-I perpetual bonds in rupee terms domestically for an amount not exceeding Rs 2,500 crore in single tranche or in tranches depending on the market conditions," it said in a regulatory filing. Updates on Raising of Additional Tier-I Capital Instruments in Rupee Terms
With reference to the earlier letter dated October 06, 2016 regarding Raising of Additional Tier-I Capital Instruments in Rupee Terms, Canara Bank has now informed BSE that the majority of the Directors have taken note of the contents and the recommendations of the Bank in the Circular Note and consented to the following :- To raise Additional Tier-I Capital Funds through BASEL-III Compliant Additional Tier-I Perpetual Bonds in Rupee Terms... Canara Bank reduces base rate
Canara Bank will cut its base rate from 9.65 per cent to 9.60 per cent with effect from October 11. The interest rates on all rupee loans and advances linked to the base rate will, accordingly, be... Raising of Additional Tier-I Capital Instruments in Rupee Terms
Canara Bank has informed BSE that the Bank proposes to circulate a note among the Directors of the Board of the Bank on October 13, 2016 in respect of raising additional funds through BASEL-III compliant Additional Tier-I Bonds in Rupee Terms.The outcome would be informed to the Exchange/s upon obtaining concurrence of the majority of the Directors. Change in Base Rate
Canara Bank has informed BSE that the Bank has effected downward revision in the Base Rate by 5 bps from 9.65% to 9.60% effective from October 11, 2016. Canara Bank starts work on setting up Higher Education Financing Agency
Canara Bank on Wednesday said the Ministry of Human Resources Development, Government of India, has decided to set up a Higher Education Financing Agency (HEFA) to give a major push for creation of... Higher Education Financing Agency (HEFA) - NBFC proposed to be set by Ministry of HRD, GOI
Canara Bank has informed BSE that the Ministry of Human Resources Development, Government of India (MHRD, GOI) has decided to set up an Higher Education Financing Agency (HEFA) to give a major push for creation of high quality infrastructure in premier institutions viz., IITs, IIITs, NIITs, IISERs, Central Universities etc.,Consequent upon completion of the process of inviting, examining and selection based on the "Notice of Expression of... Shareholding for the Period Ended September 30, 2016
Canara Bank has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2016. For more details, kindly Click here Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended September 30, 2016
Canara Bank has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statement of Deviation or Variation
Canara Bank has informed BSE regarding "Statement of Deviation or variation in Public Issue, Rights Issue, Preferential Issue etc., for the quarter ended September 30, 2016."