Canara Bank said it has allotted Basel III compliant additional tier I bonds of ₹1,012 crore to three allottees.
The Bank, in a regulatory filing to exchanges, said bonds totalling 10,120 allotments was made on September 11. The Basel III-compliant bond which is 8.30 per cent non-convertible, perpetual, taxable, subordinated, fully paid up, unsecured Basel III compliant additional tier I bond issue opened on September 9 and closed on the same day.