Public Sector Bank
Business Update2 April 2026 at 10:07 am

Bank of India Pays Annual Interest on Basel III Compliant Bonds

AI Summary

Bank of India has paid the annual interest on April 02, 2026, to the bondholders of various Basel III Compliant Additional Tier I/Tier II and Infra Bonds. The total interest paid for Additional Tier I Bonds is 128,55,00,000, Tier II Bonds is 341,01,93,153, and Infra Bonds is 768,85,89,042. The interest payment was made a day later than the due date due to it being a bank holiday.

Key Highlights

  • Bank of India paid the annual interest for Basel III Compliant Additional Tier I/Tier II and Infra Bonds on April 02, 2026.
  • The total interest paid for Additional Tier I Bonds is 128,55,00,000, Tier II Bonds is 341,01,93,153, and Infra Bonds is 768,85,89,042.
  • The interest payment was made a day later than the due date due to it being a bank holiday.
  • The total issue size for Additional Tier I Bonds is 1500,00,00,000, Tier II Bonds is 8300,00,00,000, and Infra Bonds is 13,690,00,00,000.
  • The frequency of interest payment for all bonds is annual.