StockWatch
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Public Sector Bank
Corporate Action15 Sept 2026, 03:42 pm

Canara Bank Confirms ₹159.8 Cr Annual Interest Payment

AI Summary

Canara Bank has confirmed the timely payment of annual interest amounting to Rs. 159.80 crore for its Basel III compliant Additional Tier I Bonds (ISIN: INE476A08183). The payment was made on September 15, 2026, as per the terms of the issue, and credited to bondholders' accounts via RTGS/NEFT/IBA/DD. The total issue size of these perpetual, non-convertible, taxable, subordinated bonds was Rs. 2000 crore. The interest payment frequency is annual, with the record date set for August 31, 2026.

Key Highlights

  • Annual interest payment of ₹159.80 crore confirmed.
  • Payment made on time for Basel III compliant bonds.
  • Interest credited to bondholders on September 15, 2026.
  • Total issue size of bonds is ₹2000 crore.