KOCHI:
Canara Bank, the third-largest Public Sector Bank in the country has successfully raised capital of Rs. 2500 crores through Qualified Institutional Placement (QIP).
The QIP opened on August, 17th 2021 and closed on August, 23rd 2021. The QIP was fully subscribed and saw a strong response from foreign as well as from domestic Qualified Institutional Buyers (QIBs), highlighting a well-diversified representation and demand from across the world. The last issuance was in December 2020 which was also fully subscribed. This capital will enable the bank to improve the CET ratio and in turn, will support further asset growth.
NEW DELHI:The southwest monsoon has arrived simultaneously in Kerala and the northeastern states on Thursday,…
NEW DELHI:A court here on Thursday issued notice to ED seeking its response on Delhi…
MUMBAI:Capital Small Finance Bank (“Bank”), India’s first small finance bank, is pleased to announce a…
MUMBAI:Taj Usha Kiran Palace, the over a century old palace of the Maratha dynasty in…
MUMBAI:Seino Holdings Co. Ltd. – a prominent Japanese logistics firm, is entering into the Indian…
KOCHI:Loknath Behra, Managing Director of Kochi Metro Rail Limited (KMRL), emphasized that the greatest source…
This website uses cookies.