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Public Sector Bank
Loan & Debt15 Sept 2026, 06:10 pm

Indian Bank Confirms ₹362 Crore Interest Payment on Infrastructure Bonds

AI Summary

Indian Bank has confirmed the timely payment of interest on its Long Term Infrastructure Bonds Series I (ISIN - INE562A08099). The bank duly paid an interest amount of ₹362,00,00,000/- on the due date of September 15, 2026. This payment was made on the succeeding business day due to the original due date falling on a weekend and a holiday, as per the terms of the Offer Document. The last interest payment for these bonds was made on September 15, 2025. The issue size for these bonds was ₹5000 Crore, with an annual interest payment frequency.

Key Highlights

  • Indian Bank paid ₹362 crore interest on Long Term Infrastructure Bonds.
  • Interest payment was made on the due date of September 15, 2026.
  • Bonds have an issue size of ₹5000 Crore.
  • Payment was made on the succeeding business day as per terms.