Canara Bank to Raise ₹9,500 Crore Through Debt Instruments in FY26

On June 12, 2025, Canara Bank’s board approved a capital raising plan of up to ₹9,500 crore for the financial year 2025-26. The funds will be raised via debt instruments in the form of Basel III-compliant bonds. This includes ₹6,000 crore through Tier II bonds and ₹3,500 crore through Additional Tier I (AT1) bonds. 

The process will depend on market conditions and will require regulatory approvals.

Canara Bank Q4 FY25 Earnings Results

For the quarter ending March 2025, Canara Bank reported a net profit of ₹5,002.7 crore, marking a 33% increase from ₹3,757 crore in the corresponding quarter last year. Net interest income (NII) for the quarter stood at ₹9,442 crore, registering a year-on-year increase of 1.4%.

Asset Quality Metrics

Gross non-performing asset (GNPA) ratio improved to 2.94% in Q4, compared to 3.34% in the previous quarter. Net NPA also saw an improvement, falling to 0.70% from 0.89% in Q3FY25. The provision coverage ratio (PCR) rose to 92.70%, up from 91.26% in the December quarter.

Slippages for the quarter came in at ₹2,702 crore, higher than ₹2,464 crore in Q3FY25.

Read More: Best PSU Stocks in India in June 2025!

Canara Bank Share Price Performance 

As of 10:06 AM on June 13, 2025, Canara Bank share price was trading at ₹110.92, down 4.08%. The stock is up 4.07% over the past 6 months but has declined 9.02% over the past year. The bank’s market capitalisation stands at ₹1,04,947 crore.

Conclusion

Canara Bank has received board clearance to raise capital through bonds in FY26. The bank also reported an increase in profit and improvements in asset quality during the fourth quarter of FY25, while slippages slightly rose quarter-on-quarter.

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