Canara Bank Confirms ₹814.65 Crore Interest & Redemption Payment on Tier II Bonds
Canara Bank has confirmed the successful credit of annual interest and redemption payments totaling ₹814.65 crore (Rupees Eight Hundred Fourteen Crore Sixty-Five Lakh only) on its Unsecured Redeemable...
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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, as per the terms of the issue. it does not contain any new financial performance data or significant strategic developments.
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Canara Bank Confirms ₹814.65 Crore Interest & Redemption Payment on Tier II Bonds
December 18, 2025, 12:48 PM
Canara Bank has confirmed the successful credit of annual interest and redemption payments totaling ₹814.65 crore (Rupees Eight Hundred Fourteen Crore Sixty-Five Lakh only) on its Unsecured Redeemable, Non-Convertible, Fully Paid Up, Basel III Compliant, Tier II Bonds. The payment, with ISIN INE667A08047, was made on December 18, 2025, via RTGS/NEFT/IBA/DD mode as per the terms of the issue.
The interest payment amounted to ₹64.65 crore, with the record date for this payment being December 3, 2025. The last interest payment was made on December 18, 2024.
The redemption payment, for the full amount of ₹750 crore, was due to the maturity of the bonds. A total of 7500 Non-Convertible Debentures (NCDs) were redeemed on December 18, 2025, bringing the outstanding amount to NIL. This announcement is made in accordance with Regulation 57 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
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