Loan & Debt27 Aug 2026, 05:50 pm
Canara Bank Confirms ₹149.6 Cr Annual Interest Payment for Tier 2 Bonds
AI Summary
Canara Bank has confirmed the timely annual interest payment of ₹149,60,00,000 (Rupees One Hundred Forty-Nine Crore Sixty Lakh Only) on its Unsecured, Subordinated, Non-Convertible, Redeemable, Basel III Compliant Tier 2 Bonds (ISIN: INE476A08175). The payment was made on August 27, 2026, via RTGS/NEFT/IBA/DD mode. The interest payment was due on August 26, 2026, but was deferred to the next business day due to a holiday, as per the Information Memorandum. The total issue size of these bonds is ₹2000,00,00,000.
Key Highlights
- Annual interest payment of ₹149.6 Cr confirmed for Tier 2 Bonds.
- Payment made on August 27, 2026, as per issue terms.
- Bond ISIN: INE476A08175, Issue Size: ₹2000 Cr.
- Interest payment deferred due to holiday, paid on next business day.
Price Impact
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