Canara Bank — Bonds & AAA (India Ratings) Rating on senior bonds
Bank · Financial Services
Verify this issuer →- Current ratings India Ratings AA+, India Ratings AAA, ICRA AA+
- Rating range All current ratings on senior bonds are AAA (CRISIL 28 Jun 2026, India Ratings 4 Sep 2026). All current ratings on Tier II / subordinated bonds are AAA (ICRA 8 Sep 2026, India Ratings 4 Sep 2026). All current ratings on AT1 / perpetual bonds are AA+ (ICRA 8 Sep 2026, India Ratings 4 Sep 2026)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 8 Sep 2026
- Payment record 8 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 6 of 22 active bonds had an exchange trade
- Exchange filings, 90 days 0 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 22 active bonds tracked from this issuer.
- 0 of 22 tracked bonds with a stated security status are secured. (based on 22 bonds with a disclosed security status)
- Most recent rating action: reaffirm by ICRA on 8 Sep 2026.
Operating in the Financial Services sector, Canara Bank is classified as a bank or financial institution. Bond coupons here span 7.09% - 11.25%, paid annually. The maturity ladder spans 2032 - 2036.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (15 bonds).
Security Type / Instrument Mix
- NCD 22 bonds · 100% · ₹60,587 Cr tracked
Funding Evolution
Based on 22 of 22 active bonds with a known issue date and issue size.
Financial Snapshot
2026-06-30As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 27 Jul 2026. Figures are reported facts, not a rating or recommendation.
- AAA 7 bonds · 32%
- AA 14 bonds · 64%
- Unrated 1 bond · 5%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| India Ratings | AA+ | — | 6 |
| India Ratings | AAA | — | 5 |
| ICRA | AA+ | — | 4 |
| ICRA | AAA | — | 2 |
| CRISIL | AAA | — | 1 |
| India Ratings | AA | — | 4 |
| CARE | AAA | — | 1 |
| CRISIL | AA | — | 1 |
Rating History (Trend)
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE476A08175 | Canara Bank 7.48% Aug 2032 NCD | 7.48% | AAA (ICRA) | 2032-08-26 | — | 2026-10-06 | |
| INE476A08191 | Canara Bank 7.54% Sep 2033 NCD | 7.54% | AAA (India Ratings) | 2033-09-27 | — | — | |
| INE476A08209 | Canara Bank 7.68% Nov 2033 NCD | 7.68% | AAA (India Ratings) | 2033-11-29 | — | — | |
| INE476A08233 | Canara Bank 7.40% Jul 2034 NCD | 7.40% | AAA (CRISIL) | 2034-07-19 | — | — | |
| INE476A08258 | Canara Bank 7.46% Mar 2035 NCD | 7.46% | AAA (CARE, NSDL record 2025) | 2035-03-18 | — | — | |
| INE476A08274 | Canara Bank 7.24% Feb 2036 NCD | 7.24% | AAA (ICRA) | 2036-02-27 | 7.30% | 2026-10-12 | |
| INE476A08142 | Canara Bank 7.09% Dec 2036 NCD | 7.09% | AAA (India Ratings) | 2036-12-24 | — | — | |
| INE476A08183 | Canara Bank 7.99% Perpetual NCD | 7.99% | AA+ (India Ratings) | Perpetual | — | 2026-08-27 | |
| INE476A08241 | Canara Bank 8.27% Perpetual NCD | 8.27% | AA+ (ICRA) | Perpetual | 8.22% | 2026-11-03 | |
| INE476A08282 | Canara Bank 8.10% Perpetual NCD | 8.10% | — | Perpetual | 7.94% | 2026-11-05 | |
| INE476A08266 | Canara Bank 7.55% Perpetual NCD | 7.55% | AA+ (ICRA) | Perpetual | — | 2026-10-23 | |
| INE476A08035 | Canara Bank 9.55% Perpetual NCD | 9.55% | AA (India Ratings, NSDL record 2015) | Perpetual | — | — | |
| INE667A08070 | Canara Bank 11.25% Perpetual NCD | 11.25% | AA (India Ratings, NSDL record 2016) | Perpetual | — | — | |
| INE476A08167 | Canara Bank 8.24% Perpetual NCD | 8.24% | AA+ (India Ratings) | Perpetual | — | — | |
| INE476A08159 | Canara Bank 8.07% Perpetual NCD | 8.07% | AA+ (India Ratings) | Perpetual | — | 2026-08-13 | |
| INE476A08134 | Canara Bank 8.05% Perpetual NCD | 8.05% | AA+ (India Ratings) | Perpetual | — | 2026-11-05 | |
| INE476A08100 | Canara Bank 8.50% Perpetual NCD | 8.50% | AA (India Ratings, NSDL record 2020) | Perpetual | — | — | |
| INE476A08126 | Canara Bank 8.40% Perpetual NCD | 8.40% | AA+ (India Ratings) | Perpetual | — | — | |
| INE667A08104 | Canara Bank 9.80% Perpetual NCD | 9.80% | AA (India Ratings, NSDL record 2017) | Perpetual | — | — | |
| INE476A08225 | Canara Bank 8.40% Perpetual NCD | 8.40% | AA+ (ICRA) | Perpetual | — | 2026-10-26 | |
| INE476A08092 | Canara Bank 8.30% Perpetual NCD | 8.30% | AA (CRISIL, NSDL record 2020) | Perpetual | — | — | |
| INE476A08217 | Canara Bank 8.40% Perpetual NCD | 8.40% | AA+ (ICRA) | Perpetual | — | 2026-09-11 |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
Last 30 days, across all outstanding bonds from this issuer.
Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.
| Due Date | Bond | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|---|
| 25 Oct 2026 | 8.40% UNSECURED RATED LISTED NON... | Interest | ₹1,26,00,00,000.00 | ₹1,26,00,00,000.00 | Paid | XBRL → |
| 25 Oct 2026 | 8.40% UNSECURED RATED LISTED NON... | Redemption | ₹15,00,00,00,000.00 | ₹15,00,00,00,000.00 | Paid | XBRL → |
| 27 Sep 2026 | 7.54% UNSECURED RATED LISTED... | Interest | ₹3,77,00,00,000.00 | ₹3,77,00,00,000.00 | Paid | XBRL → |
| 15 Sep 2026 | 7.99% UNSECURED RATED LISTED... | Interest | ₹1,59,80,00,000.00 | ₹1,59,80,00,000.00 | Paid | XBRL → |
| 29 Aug 2026 | 8.27% UNSECURED RATED LISTED... | Interest | ₹2,48,10,00,000.00 | ₹2,48,10,00,000.00 | Paid | XBRL → |
| 27 Aug 2026 | 7.48% UNSECURED RATED LISTED... | Interest | ₹1,49,60,00,000.00 | ₹1,49,60,00,000.00 | Paid | XBRL → |
| 20 Jul 2026 | 7.40% UNSECURED RATED LISTED... | Interest | ₹7,40,00,00,000.00 | ₹7,40,00,00,000.00 | Paid | XBRL → |
| 20 Jul 2026 | 8.24% UNSECURED RATED LISTED NON... | Interest | ₹1,64,80,00,000.00 | ₹1,64,80,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 24 | 2026-09-08 |
| Rating Actions History | 4 | 2026-09-08 |
| Secondary-Market Trades | 104 | 2026-11-05 |
| Reg52(4) Payment Disclosures | 8 | 2026-10-25 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Canara Bank have?
Canara Bank currently has 22 active bonds with coupons of 7.09% - 11.25%, maturities spanning 2032 - 2036.
What is Canara Bank's credit rating?
The most common current rating on Canara Bank's senior bonds is AAA (India Ratings). Ratings on file come from CRISIL, ICRA, India Ratings. Other instrument classes: Tier II / subordinated: AAA (India Ratings) · AT1 / perpetual: AA+ (India Ratings).
Are Canara Bank's bonds secured?
Of the 22 bonds with a disclosed security status, 0 are secured (0%) and 22 are unsecured.
When do Canara Bank's bonds mature?
Canara Bank's active bonds mature between 2032 - 2036; the nearest matures in Aug 2032; the average tenure is 7.9 Yrs.
What is the average coupon on Canara Bank's bonds?
The average coupon across Canara Bank's 22 active bonds is 8.22%.
Disclaimer: This page aggregates publicly available data about Canara Bank for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.