Banking News

Read the full story

Source: The Hindu BusinessLine

The Hindu BusinessLine
Source
Markets & Economy
Category
2 min
Read time
24 Jul
Published
Markets & Economy
2 min read· The Hindu BusinessLine

SBI to issue first rupee-denominated perpetual debt of 2026, sources say

State-run Canara Bank was the last lender to tap the market, raising ₹3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in November 2025…

State-run Canara Bank was the last lender to tap the market, raising ₹3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in November 2025

#SBI#CANARA
Source: The Hindu BusinessLine