Canara Bank to raise Rs 5,000 crore through Tier 2 bonds [Banking]
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TL;DR
Canara Bank plans to raise Rs 5,000 crore via Tier 2 bonds to support its operations. The bank offers diverse services across personal, corporate, NRI, and SME banking sectors.
Tags
Bank - PublicBankingCanara BankTier 2 bondsbanking servicesfundraisingSME banking
Canara Bank offers a wide range of products and services such as saving accounts, deposits, loans, mutual funds, Insurance, internet banking, debit card, credit card, etc. The bank provides various services to its corporate clients such as Cash Management Services, loans, IPO monitoring services, etc. Besides various personal banking products it also offers remittance services, consultancy services to its NRI Clients. It also offers various products and services to priority and SME sector. In Personal Banking, it offers a wide range of products and services such as saving accounts, deposits, loans, mutual funds, Insurance, internet banking, debit card, credit card, etc. In Corporate Banking, it provides various services to its corporate clients such as Cash Management Services, loans, IPO monitoring services, etc. In NRI Banking, besides various personal banking products it also offers remittance services, consultancy services to its NRI Clients. In SME sector, it offers various products and services to priority and SME sector.