The bank would look to raise Rs 5500 crore through Basel III compliant additional tier 1 bonds, while the target to raise through tier 2 bonds is fixed at Rs 3500 crore. The timing and extent of fundraising would however entirely depend on the market conditions, the bank said in a regulatory filing to stock exchanges.source https://economictimes.indiatimes.com/industry/banking/finance/banking/canara-bank-board-approves-rs-9000-crore-capital-raising-plan/articleshow/92440010.cms
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