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Canara Bank to pay ₹149.60 crore annual interest on Tier 2 bonds

Canara Bank logoCanara Bank
Sig2.35Sen-1.75Env0.00Soc-1.35Gov0.00

Canara Bank will pay ₹149.60 crore annual interest on its Tier 2 bonds due August 27, 2026, with a record date of August 11, 2026. Separately, it revised its MCLR upward by 5 basis points for tenors from one month to three years effective August 12, 2026, increasing interest rates by 0.05 percentage points for loans linked to those tenors.

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