Indian-GRAPEVINE-Logo
Corporate

Canara Bank raises USD 300 mn via its IFSC Banking Unit

Indian-GRAPEVINE-canara-bank-raises-usd-300-mn-via-its-ifsc-banking-unit

Published 10 Sep, 2024

By Staff Reporter

State-owned Canara Bank on Wednesday said it has mobilised USD 300 million via the IFSC Banking Unit.

The net proceeds from the issue of the notes will be applied by the Issuer's IFSC Banking Unit at Gandhinagar towards the general corporate purposes, Canara Bank said in a regulatory filing.

The bonds with maturity of 5 years carry a coupon rate of 4.896 to be paid semi annually, it said.



YOU MAY LIKE
Indian-GRAPEVINE-sebi-issues-operating-guidelines-for-foreign-venture-capital-investors
Corporate / 07 Oct, 2024
Sebi issues operating guidelines for Foreign Venture Capital Investors
Indian-GRAPEVINE-rbi-research-says-onion-farmers-get-36-of-consumers-spend-pitches-for-futures-trading-pvt-mandis
Corporate / 04 Oct, 2024
RBI research says onion farmers get 36% of consumers' spend, pitches for futures trading, pvt mandis
Indian-GRAPEVINE-sbi-mutual-fund-hikes-stake-in-kpr-mill-to-77-pc-for-rs-900-crore
Corporate / 03 Oct, 2024
SBI Mutual Fund hikes stake in KPR Mill to 7.7 pc for Rs 900 crore
Indian-GRAPEVINE-sebi-decides-to-introduce-new-asset-class-mf-lite-framework-for-passive-funds
Corporate / 01 Oct, 2024
Sebi decides to introduce new asset class; 'MF Lite' framework for passive funds
Indian-GRAPEVINE-puri-says-consensus-needed-for-bringing-fuels-under-gst
Corporate / 28 Sep, 2024
Puri says consensus needed for bringing fuels under GST
Indian-GRAPEVINE-nhpc-pays-final-dividend-of-rs-3385-cr-to-centre-for-fy24
Corporate / 24 Sep, 2024
NHPC pays final dividend of Rs 338.5 cr to Centre for FY24
Indian-GRAPEVINE-manoj-kumar-verma-appointed-as-police-commissioner-kolkata
Bureaucracy / 18 Sep, 2024
Manoj Kumar Verma appointed as Police Commissioner, Kolkata
Indian-GRAPEVINE-ips-officers-reshuffled-in-west-bengal
Bureaucracy / 18 Sep, 2024
IPS officers reshuffled in West Bengal
Indian-GRAPEVINE-tenure-of-ms-sampat-meena-as-additional-director-cbi-prolonged
Bureaucracy / 16 Sep, 2024
Tenure of Ms Sampat Meena as Additional Director, CBI prolonged
Indian-GRAPEVINE-ms-manisha-saxena-designated-as-establishment-officer-dopt
Bureaucracy / 16 Sep, 2024
Ms Manisha Saxena designated as Establishment Officer, DoPT
Indian-GRAPEVINE-empanelment-of-akash-tripathi-as-additional-secretary-in-goi
Bureaucracy / 28 May, 2024
Empanelment of Akash Tripathi as Additional Secretary in GoI
Indian-GRAPEVINE-empanelment-of-subodh-yadav-as-additional-secretary-in-goi
Bureaucracy / 28 May, 2024
Empanelment of Subodh Yadav as Additional Secretary in GoI
View All
Indian-GRAPEVINE-selection-of-brijendra-pratap-singh-as-cmd-nalco
Bureaucracy / 17 Sep, 2024
Selection of Brijendra Pratap Singh as CMD, NALCO
Indian-GRAPEVINE-pfc-receives-notable-recognition-from-honble-union-minister-of-renewable-energy-for-its--outstanding
Bureaucracy / 16 Sep, 2024
PFC receives notable recognition from Hon’ble Union Minister of Renewable Energy for its outstanding contribution to India’s renewable energy sector
Indian-GRAPEVINE-amrit-mohan-prasad-appointed-as-dg-ssb
Bureaucracy / 16 Sep, 2024
Amrit Mohan Prasad appointed as DG SSB
Indian-GRAPEVINE-kulkarni-designated-as-ambassador-to-the-peoples-democratic-republic-of-algeria
Bureaucracy / 16 Sep, 2024
Kulkarni designated as Ambassador to the People's Democratic Republic of Algeria
Indian-GRAPEVINE-hudco-posts-24-growth-in-net-profit-yoy-1040-growth-in-revenue
Bureaucracy / 28 May, 2024
HUDCO posts 24% growth in net profit YoY, 10.40% growth in revenue
Indian-GRAPEVINE-empanelment-of-ranjeet-singh-deol-as-additional-secretary-in-goi
Bureaucracy / 28 May, 2024
Empanelment of Ranjeet Singh Deol as Additional Secretary in GoI
View All

SUBSCRIBE