Canara Bank Confirms ₹1,626 Crore Interest & Redemption Payment on Tier II Bonds
Canara Bank has confirmed the successful payment of annual interest and redemption amount for its Unsecured, Non-Convertible, Redeemable, Basel III Compliant Tier II Bonds (ISIN: INE476A09264). The to...
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Why is Canara Bank in the news today?
Canara Bank (CANBK) is in the news due to the announcement is a routine confirmation of interest and redemption payments on bonds, which is a standard financial obligation for the bank. there are no elements indicating positive or negative performance or outlook.
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Canara Bank Confirms ₹1,626 Crore Interest & Redemption Payment on Tier II Bonds
December 31, 2025, 09:40 AM
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Canara Bank has confirmed the successful payment of annual interest and redemption amount for its Unsecured, Non-Convertible, Redeemable, Basel III Compliant Tier II Bonds (ISIN: INE476A09264). The total payment of ₹1,626 crore was credited to bondholders' accounts on December 31, 2025, via RTGS/NEFT/IBA/DD mode.
The interest payment amounted to ₹126 crore, with the annual interest payment due on December 31, 2025, and the record date for this payment being December 16, 2025. The last interest payment was made on December 31, 2024.
The redemption payment, for the full amount, was ₹1,500 crore, with the maturity date also falling on December 31, 2025. Following this payment, the outstanding amount for these bonds is now NIL. The bank has submitted this information to the stock exchanges as per SEBI regulations.
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