Clarification25 Sept 2026, 08:01 pm
Canara Bank Revises Bond Interest Payment Date to Sep 27
AI Summary
Canara Bank has revised the interest payment date for its bond series (ISIN INE476A08191) from September 28, 2026, to September 27, 2026. This change is due to the Ministry of Finance's directive for Public Sector Banks to operate normally on Sunday, September 27, 2026. Consequently, the interest payment, originally scheduled for the next working day after a holiday, will now be made on the original coupon payment date as per the Placement Memorandum.
Key Highlights
- Interest payment date for bond series INE476A08191 revised.
- New payment date is September 27, 2026 (Sunday).
- Change aligns with directive for banks to operate on Sundays.
- Payment will be made on the original coupon payment date.
Price Impact
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