Canara Bank Share Price – NSE /  BSE

Banks, Mid Cap

The fundraising will comprise Rs 6,000 crore via Tier II bonds and Rs 3,500 crore through Additional Tier I (AT1) bonds. The issuances will be subject to market conditions and requisite regulatory approvals.

Canara Bank is an India public sector bank. As on 31st March 2025, the Bank has 9,849 Number of Branches, out of which 3,139 are Rural, 2,900 Semi Urban, 1,944 Urban & 1,866 Metro along with 9,579 ATMs. Bank is also having 4 overseas branches in London, New York, Dubai & IBU Gift City.

The bank's standalone net profit climbed 33.15% to Rs 5,002.66 crore on 9.78% increase in total income to Rs 37,352.80 crore in Q4 FY25 over Q4 FY24.

Shares of Canara Bank shed 0.04% to Rs 111.65 on the BSE.

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The Board of Canara Bank at its meeting held on 12 June 2025 has approved the capital raising plan of the Bank for the financial year 2025-26 amounting upto Rs 9,500 crore by way of debt instruments (Additional Tier I/Tier II Bonds).

Further, out of the above capital raising plan, the Board of Directors of the Bank has approved the following:

1. To raise capital through Basel III Compliant Additional Tier I Bonds to the extent of Rs 3,500 crore during the FY 2025-26, subject to market conditions and necessary approvals.

2. To raise capital through Basel III Compliant Tier II Bonds to the extent of Rs 6,000 crore during the FY 2025-26, subject to market conditions and necessary approvals.

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The new rates, effective from 12 June 2025, will reduce EMIs or loan tenures for borrowers, offering major relief to home and personal loan customers.

The Reserve Bank of India (RBI) recently cut the repo rate by 50 basis points (0.50%), reducing it from 6% to 5.50%. Its effect is now slowly showing on the banks. Following other major banks, Canara Bank has now reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25%.

Canara Bank is an India public sector bank. As on 31st March 2025, the Bank has 9,849 Number of Branches, out of which 3,139 are Rural, 2,900 Semi Urban, 1,944 Urban & 1,866 Metro along with 9,579 ATMs. Bank is also having 4 overseas branches in London, New York, Dubai & IBU Gift City.

The bank's standalone net profit climbed 33.15% to Rs 5,002.66 crore on 9.78% increase in total income to Rs 37,352.80 crore in Q4 FY25 over Q4 FY24.

Shares of Canara Bank shed 0.64% to Rs 116.35 on the BSE.

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Canara Bank announced that the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect from 12 June 2025 shall be as under:

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