Canara Bank Files Q3 Security Certificate After Strong Half-Year

Canara Bank submitted its Security Cover Certificate for the quarter ending September 30, 2025, to the BSE Ltd. and National Stock Exchange of India Ltd, in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The certificate, prepared by M/s K Venkatachalam Aiyer & Co., one of the bank's statutory central auditors, confirms the bank's adherence to regulatory requirements for listed unsecured non-convertible debt securities.

The disclosure specifies that the bank has issued various listed Non-Convertible Unsecured Debt Securities totaling INR 50,808.00 crore as of September 30, 2025. These include multiple series of BASEL III Tier II and AT I bonds, as well as LTB series, all categorized as unsecured. The certificate explicitly states that since the bank's issued securities are unsecured, the requirement for providing security particulars and security coverage against interest and principal is not applicable.

Furthermore, Canara Bank confirmed compliance with all covenants and terms of the issue for its listed non-convertible debt securities, as per Regulation 56(1)(d) of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015. The report includes a "NIL" declaration for security cover in Annexure I, aligning with clarifications received from NSE for entities with only unsecured debt securities.