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State-owned Canara Bank mobilises $300 mn through IFSC banking unit

Canara bank

The bonds with maturity of 5 years carry a coupon rate of 4.896 to be paid semi annually. | Photo: Wikimedia Commons


State-owned Canara Bank on Wednesday said it has mobilised $ 300 million via the IFSC Banking Unit.


The net proceeds from the issue of the notes will be applied by the Issuer’s IFSC Banking Unit at Gandhinagar towards the general corporate purposes, Canara Bank said…


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