VERIFIEDET Markets·27 Jul 2026positive

Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings

AI Summary

·Canara Bank aims to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings.
·The bank reported a 2.2% increase in first-quarter profit.
·Asset quality improved, margins remained steady, and advances and deposits saw double-digit growth.