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Canara Bank ( (IN:CANBK) ) has issued an announcement.
Canara Bank has notified stock exchanges of the schedule of annual interest and principal payments, along with corresponding record dates, for its Basel III-compliant Additional Tier I, Tier II and long-term bonds falling due between 14 February 2026 and 31 December 2026, all issued on a private placement basis. The disclosure details payment dates, record dates and applicable adjustments where due dates or record dates fall on holidays, including the simultaneous payment of principal and interest on a Tier II bond maturing in April 2026 and potential call options on select Additional Tier I instruments subject to regulatory and board approvals, providing bondholders and market participants with clarity on upcoming cash flows and eligibility for coupon and redemption proceeds.
More about Canara Bank
Canara Bank is a large Indian public sector bank headquartered in Bengaluru, operating primarily in commercial and retail banking. It raises capital through various debt instruments including Basel III-compliant Additional Tier I and Tier II bonds and long-term bonds placed with institutional investors, supporting its regulatory capital requirements and long-term funding needs in the domestic financial market.
Average Trading Volume: 1,949,490
Technical Sentiment Signal: Buy
Current Market Cap: 1360.6B INR
For an in-depth examination of CANBK stock, go to TipRanks’ Overview page.