Canara Bank share price gains 1% after lender announces₹5,000 crore bond issue; check details

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Canara Bank plans to raise up to ₹5,000 crore by issuing Tier 2 bonds to enhance capital adequacy and support growth. The bond issue, compliant with Basel III, will launch on February 26, 2026, with a base size of ₹2,000 crore and an option for ₹3,000 crore.