Canara Bank announced on October 30, 2025, that ICRA has reaffirmed the credit rating of its Basel III Tier I Bonds and Basel III Tier II Bonds, with a total rated amount of Rs. 7,500 crore at [ICRA]AA+(Stable) and Rs. 8,900 crore at [ICRA]AAA(Stable), along with a new rating for additional Tier I bonds of Rs. 3,500 crore at [ICRA]AA+(Stable).