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Canara Bank plans to raise Rs 4,000 crore via tier-2 bonds

In a strategic move, Canara Bank will raise ₹4,000 crore through tier-2 bonds by the end of March, aiming to support a promising 13% increase in fiscal year advances. With board approval for a more ambitious fundraising strategy, the bank also plans to reinvest profits to boost its expansion efforts.
Sources: Economic Times - Markets (English), Hindu, NDTV +13 more
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