VERIFIEDET Stocks·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.
·Canara Bank saw improved asset quality, steady margins, and double-digit growth in advances and deposits.