Canara Bank has disclosed information regarding the utilization of funds for the quarter ended December 31, 2025. According to the announcement, there were no deviations or variations in the utilization of funds raised during this period. This disclosure is in compliance with regulatory requirements and provides an update on the bank’s financial activities and adherence to fund allocation plans for the specified quarter.
Funds Utilization Update
Canara Bank has announced that there were no deviations or variations in the utilization of funds raised for the quarter ended December 31, 2025. This announcement serves as a disclosure to the stock exchanges regarding the bank’s adherence to its stated objectives for fund allocation.
Details of the Disclosure
The disclosure confirms that the utilization of funds remained consistent with the intended purposes outlined at the time of raising capital. Canara Bank stated that the report for Q3 2025-26 indicates no variations in the use of funds. This ensures stakeholders are informed of the bank’s adherence to financial plans.
Specific Instruments and Amounts
The bank’s disclosure pertains to listed non-convertible debt securities. It covers funds raised via private placement, specifically under the BASEL III AT 1 2025-26 Series I instrument, with a total amount raised and utilized of ₹3,500 crores. The report confirms that the funds were utilized as per the initial objectives without any deviation.
Source: BSE
