Canara Bank Pays ₹248 Crore Annual Interest on Basel III Compliant Bonds
Canara Bank made its annual interest payment of ₹248.10 crore on its Basel III Compliant Additional Tier 1 Bonds (ISIN INE476A08241) on August 29, 2026. The total issue size is ₹3000 crore. The payment was made on the due date as per the terms of the issue.
This is a standard interest payment on existing debt instruments and does not represent a new development or a significant change in the company's financial standing.
The announcement is a routine disclosure of an interest payment on bonds, with no positive or negative implications for the bank's financial performance beyond fulfilling its obligations.
Canara Bank has confirmed the successful credit of its annual interest payment for its Unsecured, Subordinated, Non-Convertible, Redeemable, Fully Paid Up, Taxable, Basel III Compliant Additional Tier 1 Bonds (ISIN INE476A08241). The interest payment of ₹248.10 crore (Rupees Two Hundred Forty-Eight Crore and Ten Lakhs Only) was made on August 29, 2026, as per the terms of the issue.
The bonds have an issue size of ₹3000 crore. The interest payment is made annually. The record date for this payment was August 14, 2026, and the due date for the payment was August 29, 2026, which was also the actual date of payment. The last interest payment was made on August 29, 2025.
This announcement is made in compliance with Regulation 57 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
A plain-language summary of a public exchange filing by Canara Bank. Read the original for the full detail.