Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings
2 sources·Updated July 27, 2026
Covered by 2 sources
- Deccan Chronicle Ent·5h agoCanara Bank Net Profit Rises 2% To Rs 4856 Cr
Canara Bank MD and CEO Brajesh Kumar Singh told reporters at Q1FY27 earnings call on Monday that the Bank will use these flows to retire high cost bulk deposits.
Read at Deccan Chronicle Ent → - Economic Times·14h agoCanara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings
Canara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported a 2.2% rise in first-quarter profit, improved asset quality, steady margins and double-digit growth in advances and deposits.
Read at Economic Times →
