Canara Bank reported outstanding debt securities totaling ₹53,445 crore as on September 30, 2026. The disclosure covers 17 distinct bond issuances, comprising both perpetual instruments with call options and fixed-term debt securities.

The filing was submitted to the BSE and NSE pursuant to SEBI Circular No. CIR/IMD/DF-1/67/2017 dated June 30, 2017, and subsequent clarifications including Circular No. SEBI/HO/DDHS/P/CIR/2024/54 dated May 22, 2024. The statement details the issuance dates, maturity or option dates, coupon rates, payment frequencies, and credit ratings for each security.

Composition of debt portfolio

The bank’s outstanding debt is diversified across multiple tenors and coupon structures. A significant portion consists of perpetual bonds with embedded call options, allowing the bank flexibility in managing its capital structure. Fixed-term bonds also form a substantial part of the liability profile.

Key features of the outstanding securities include:

• Coupon Range: Interest rates vary from a low of 7.09% to a high of 8.40%.
• Payment Frequency: All listed securities pay interest annually.
• Credit Ratings: Most instruments carry high-quality ratings, primarily AA+ or AAA/Stable from agencies such as CRISIL, India Ratings, ICRA, and CARE.
• Embedded Options: Several perpetual bonds have call options exercisable in fiscal years ranging from FY26-27 to FY31-32.

Outstanding bond details

What the numbers show

The data reveals a concentration in long-dated liabilities, with the single largest issuance being the ₹10,000 crore bond maturing in July 2034, issued at a 7.40% coupon. This instrument alone accounts for approximately 18.7% of the total outstanding debt securities. Additionally, two separate ₹5,000 crore tranches issued in late 2023 contribute significantly to the base, both carrying coupons below 7.7%. The presence of multiple perpetual bonds with near-term call options (FY26-27 and FY27-28) suggests active management of capital adequacy ratios, allowing the bank to redeem these instruments if regulatory conditions permit.

Canara Bank has appointed Shambhu Lal and Barun Singh Thakur as Chief General Managers (CGM) with effect from October 1, 2026. The appointments involve a change in designation for both officials, impacting the Human Resources and Inspection wings of the bank.

Shambhu Lal, previously serving as Chief General Manager in the Human Resources Wing, has taken charge as the Head of the Human Resources Wing. He succeeds B P Jatav, who ceased to hold the position upon attaining superannuation on the same date.

Barun Singh Thakur, formerly the General Manager at the Thiruvananthapuram Circle Office, has been promoted to the rank of Chief General Manager. Following this promotion, he has been posted to the Inspection Wing.

Professional backgrounds

Both appointees bring extensive experience in banking operations, having progressed from branch-level roles to head office positions across various states.

The appointments were disclosed to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification cited SEBI Master Circular no. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, as part of the regulatory compliance framework.