Canara Bank (CANBK) — Corporate Action

Canara Bank exercised a call option on its perpetual subordinated bonds (ISIN INE476A08118), redeeming the full issue of ₹120 crores on February 2, 2026. Simultaneously, the bank paid annual interest of ₹9.96 crores on the same date. The total cash outflow was ₹129.96 crores, credited via RTGS/NEFT to bondholders' accounts. This redemption eliminates outstanding Additional Tier 1 capital bonds.

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About Canara Bank (CANBK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,16,167.83 Cr P/E: 6.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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