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Canara Bank shares rise 4% as board approves raising up to Rs 8,500 crore in FY25

Canara Bank stock rose nearly 4% today after the lender said its board of directors approved the raising of Rs 8,500 crore via debt instruments (Additional Tier I / Tier II Bonds) for the financial year 2024-25. The banking stock rose to a high of Rs 119.30 in the current session. Canara Bank stock stands higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.

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Karnataka
India
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Additional-tieri-bonds

Canara Bank Board Approves ₹8,500 Crore Capital Raising Plan For FY 2024-25

Canara Bank Board Approves ₹8,500 Crore Capital Raising Plan For FY 2024-25
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Karnataka
India
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Board of Canara Bank approves raising capital of Rs 8,500 for FY 2024-25

Board of Canara Bank approves raising capital of Rs 8,500 for FY 2024-25
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Karnataka
India
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Additional-tieri-bonds

PNB board approves Rs 10k cr fundraising in FY€™25

PNB board approves Rs 10k cr fundraising in FY€™25
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Additional-tieri-bonds

Punjab & Sind Bank Board approves capital raise of up to ₹2,000 crore

Punjab & Sind Bank Board approves capital raise of up to ₹2,000 crore
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