Canara Bank to Raise Up to Rs 4,500 Crore via Basel III-Compliant AT-1 Bonds
Canara Bank plans to raise up to Rs 4,500 crore through Basel III-compliant Additional Tier 1 (AT-1) bonds, with an expected coupon rate of 7.85-7.90%, as part of an Rs 8,500 crore capital-raising plan that also includes Rs 4,000 crore via Tier 2 bonds. The perpetual bonds will have a call option after five years, subject to regulatory approval. The bank aims to strengthen its capital base to support business growth, with total business size projected to reach Rs 30 lakh crore, backed by growth across retail, agriculture, MSME, and corporate segments. Canara Bank has also mobilized USD 5.80 billion through the RBI's FCNR(B) swap facility, reflecting strong customer confidence.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (59/100). Lens Score 39/100.
Outlets measured: businessstandard, news18, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–72/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 10 Sept, 01:21 pm. Other outlets followed.