Date:08/01/2009 URL: http://www.thehindu.com/2009/01/08/stories/2009010854141500.htm

Business - Briefly

Canara Bank raises Rs. 325 crore

BANGALORE: Canara Bank has raised Rs. 325 crore through lower Tier-II bonds of ten years maturity at a coupon rate of 8.08 per cent, payable annually. The bonds are rated ‘AAA’ by ICRA and Crisil, the bank said. — Special Correspondent