Canara Bank Confirms ₹1,773.98 Crore Interest & Redemption Payment

Canara Bank has confirmed the successful credit of annual interest payment and redemption payment for its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Complian...

Canara Bank has confirmed the successful credit of annual interest payment and redemption payment for its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier I Bonds (ISIN INE476A08100). The total amount paid today, December 31, 2025, is ₹1,773.98 crore (Rupees One Thousand Seven Hundred and Seventy-Three Crore Ninety-Seven Lakh Fifty Thousand Only). This payment includes an annual interest amount of ₹138.98 crore and a redemption amount of ₹1,635.00 crore. The payment was processed via RTGS/NEFT/IBA/DD mode as per the terms of issue. Notably, payment for one investor has been placed on hold due to a freeze order issued by the Enforcement Directorate dated November 21, 2025. The interest payment record date was December 16, 2025, with the due date and actual payment date being December 31, 2025. The redemption was exercised under a call option, with the actual redemption date also being December 31, 2025. The issue size was ₹1,635.00 crore, and after this redemption, the outstanding amount is NIL.

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Why is Canara Bank in the news today?

Canara Bank (CANBK) is in the news due to the bank successfully made the scheduled interest and redemption payments for its bonds, which is a routine financial operation but indicates financial health and adherence to its debt obligations.

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Canara Bank Confirms ₹1,773.98 Crore Interest & Redemption Payment

December 31, 2025, 02:16 PM

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Canara Bank has confirmed the successful credit of annual interest payment and redemption payment for its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier I Bonds (ISIN INE476A08100). The total amount paid today, December 31, 2025, is ₹1,773.98 crore (Rupees One Thousand Seven Hundred and Seventy-Three Crore Ninety-Seven Lakh Fifty Thousand Only).

This payment includes an annual interest amount of ₹138.98 crore and a redemption amount of ₹1,635.00 crore. The payment was processed via RTGS/NEFT/IBA/DD mode as per the terms of issue. Notably, payment for one investor has been placed on hold due to a freeze order issued by the Enforcement Directorate dated November 21, 2025.

The interest payment record date was December 16, 2025, with the due date and actual payment date being December 31, 2025. The redemption was exercised under a call option, with the actual redemption date also being December 31, 2025. The issue size was ₹1,635.00 crore, and after this redemption, the outstanding amount is NIL.

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