
Business Update31 March 2026 at 01:11 pm
Karnataka Bank Pays Annual Interest on Tier II Bonds Worth Rs. 300.00 Crore
AI Summary
Karnataka Bank Ltd. has made the annual interest payment on its Tier II Bonds (ISIN: INE614B08054) issued under Series VII. The total interest amount paid was Rs. 32.10 crore. The interest payment was made on the last business day of the month, i.e., 31st March 2026, as the original due date, 30th March 2026, was a non-business day. The bonds have a yearly interest payment frequency and there has been no change in the payment frequency.
Key Highlights
- Karnataka Bank pays annual interest on Tier II Bonds worth Rs. 300.00 crore
- Interest amount paid: Rs. 32.10 crore
- Interest payment made on the last business day of the month due to non-business day on the original due date
- Yearly interest payment frequency
- No change in payment frequency
KTKBANKPrivate Sector Bank
KARNATAKA BANK LTD.Price Impact