Date: 17 July 2026
Regulatory Disclosure
This document constitutes a regulatory disclosure made under SEBI (LODR) Regulations, 2015, informing stock exchanges about credit rating actions by Fitch and Moody's on Canara Bank's debt instruments.
Rating Actions
Fitch Ratings:
- Senior Unsecured Long-Term Rating assigned at 'BBB-'
- Senior Unsecured Long-Term (XGS) Rating assigned at 'BB(xgs)'
Moody's Ratings:
- Baa3 rating assigned with stable outlook
Bond Issuance Details
The ratings confirmation specifically relates to:
- Tap issuance of USD 200,000,000 4.896% due 2029
- To be consolidated with existing USD 300,000,000 4.896% Notes due 2029
- Total consolidated amount: USD 500,000,000 4.896% due 2029
- Pricing supplement dated 16 July 2026
- Issued under Canara Bank, IFSC Banking Unit, USD 3,000,000,000 Medium Term Note Programme
- Original issuance date: 11th September 2024
- Maturity date: 11th September 2029
Company Representatives
- Santosh Kumar Barik, Company Secretary (signatory)
- Mr. Abhay Kumar, Overseas Banking Division, International Operations Vertical, Canara Bank
Rating Agency Contacts
- Fitch Ratings Ltd, 30 North Colonnade, Canary Wharf, London E14 5GN
- Tania Gold, Senior Director at Fitch (+65 6796 7224)
- Moody's Investors Service Singapore Pte. Ltd., 71 Robinson Road #05-01/02, Singapore, 068895