First perpetual bond issue after valuation rule change sees strong interest | Finance News
Canara Bank’s perpetual bond issue received bids worth Rs 4,658 crore. | Photo: Wikimedia Commons 2 min read Last Updated : Aug 27 2024 | 6:25 PM IST India’s first additional Tier I perpetual bond issuance after recent rule changes to make them more appealing was sold at a lower-than-expected coupon, indicating a revival