Canara Bank ramps up cyber controls and technology spending after Bank of Baroda breach | Today’s news

Canara Bank Fundraising

The Banking Board approved an increase of up to ₹8,500 crore through equity instruments as an enabling solution, incl ₹4,500 million crowns through additional Tier-I bonds a ₹4,000 crore through Tier-II bonds. The timing of the issue will depend on market conditions, Singh said.