Canara Bank has filed its mandatory half-yearly statement of debt securities with stock exchanges, disclosing a comprehensive bond portfolio worth ₹54,403.00 crores outstanding as on March 31, 2026. The submission, made to both BSE and NSE on April 9, 2026, complies with SEBI circular requirements for debt securities reporting.

Outstanding Bond Portfolio Overview

The bank's debt securities portfolio comprises 17 distinct bond issues, all maintaining their full issued amounts as outstanding securities. The portfolio demonstrates a strategic mix of perpetual bonds with embedded call options and fixed-term securities designed to meet regulatory capital requirements.

Interest Rate and Maturity Profile

The bond portfolio exhibits diverse coupon rates reflecting market conditions at the time of issuance. Interest rates range from 7.09% to 8.40%, with all securities paying annual coupons. The maturity structure includes both long-term fixed securities and perpetual instruments with call options.

Key Bond Characteristics:

• Highest Coupon Rate: 8.40% (multiple issues)
• Lowest Coupon Rate: 7.09% (December 2021 issue)
• Largest Single Issue: ₹10,000.00 crores (July 2024)
• Payment Frequency: Annual across all issues

Credit Ratings and Risk Assessment

The outstanding bonds maintain strong credit ratings from leading rating agencies. The portfolio includes securities rated by CRISIL, CARE, ICRA, and India Ratings, with ratings ranging from AA+ to AAA categories, all carrying stable outlooks.

Recent Issuances and Strategic Positioning

The bank's recent bond issuances demonstrate active capital market engagement, with the latest ₹5,000.00 crores issue completed in February 2026. This 10-year bond carries a 7.24% coupon rate with a call option exercisable from FY 2030-2031, reflecting the bank's continued access to competitive funding rates.

Regulatory Compliance Framework

The disclosure fulfills requirements under multiple SEBI circulars, including CIR/IMD/DF-1/67/2017, subsequent clarifications, and updated guidelines through 2024. This comprehensive reporting ensures transparency for investors and regulatory authorities regarding the bank's debt capital structure and outstanding obligations.

The statement, digitally signed by Company Secretary Santosh Kumar Barik, provides stakeholders with complete visibility into Canara Bank's debt securities portfolio as mandated by securities market regulations.

Canara Bank has received government approval to extend the additional charge for the Managing Director and Chief Executive Officer position to Shri Hardeep Singh Ahluwalia for an additional three months. The extension comes as the bank continues its leadership transition process under regulatory oversight.

Government Notification Details

The Department of Financial Services, Ministry of Finance, Government of India, issued notification No. 4/3/2024-BO.I dated April 09, 2026, formally extending Ahluwalia's additional charge. The notification provides specific parameters for the extension period and conditions.

Leadership Profile and Experience

Shri Hardeep Singh Ahluwalia brings extensive banking expertise to the MD & CEO role, with a career spanning over three decades. He commenced his banking journey as Agricultural Field Officer on March 30, 1992, at Allahabad Bank, which is now part of Indian Bank.

Professional Qualifications and Background

Ahluwalia holds a graduate degree in Agriculture and is a Certified Associate of the Indian Institute of Bankers. His professional development includes:

• Certification in Credit Management from NIBM Pune
• Diploma in Computer Applications in Financial Management
• Leadership Development Programme from IIM Bangalore, curated by Banks Board Bureau in consultation with IBA

Career Progression and Experience

Throughout his banking career, Ahluwalia has held strategic positions across various functional areas and geographies, including international experience in Hong Kong. His notable positions include:

• Lead District Manager
• Head of International Branch
• Moradabad Zonal Head
• Chandigarh Field General Manager, Kolkata
• General Manager of Recovery Department at Corporate office of Indian Bank
• President of Indian Bank Cultural & Sports Committee

Regulatory Compliance and Declarations

The bank has confirmed full compliance with regulatory requirements for the leadership appointment. Key compliance aspects include:

The extension ensures continuity in the bank's leadership while the search for a permanent MD & CEO continues. Ahluwalia's proven track record in building productive teams and delivering results across various banking verticals positions him well for the extended tenure.