Loan & Debt29 Aug 2026, 06:00 pm
Canara Bank Pays ₹248.1 Cr Annual Interest on Basel III Bonds
AI Summary
Canara Bank has confirmed the timely payment of annual interest on its Unsecured, Subordinated, Non-Convertible, Redeemable, Basel III Compliant Additional Tier 1 Bonds (ISIN: INE476A08241). The interest payment of ₹248.10 crore was made on August 29, 2026, to bondholders via RTGS/NEFT/IBA/DD. The total issue size of these bonds is ₹3000 crore, with an annual interest payment frequency. The record date for this payment was August 14, 2026, and the last interest payment was made on August 29, 2025.
Key Highlights
- Annual interest payment of ₹248.10 crore made on Basel III compliant bonds.
- Payment for bonds with ISIN INE476A08241 was made on August 29, 2026.
- The total issue size of these bonds is ₹3000 crore.
- Interest payment is made annually as per the terms of issue.
Price Impact
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