Indian Bank has released its annual disclosure for Non-Convertible Securities for the financial year 2025-26. The filing provides a comprehensive summary of listing details, credit ratings for various debt instruments, and updates on the exercise of call options and bond redemptions. The bank confirms that all interest and principal payments have been processed in accordance with the terms of the original offer documents.
Listing Details and Market Presence
As part of its ongoing transparency commitments, the bank has outlined the listing status of its various debt instruments on the National Stock Exchange (NSE). The portfolio includes Tier 2 bonds and Long-Term Bonds (LTB), with the most recent issue occurring in March 2026. These securities remain integral to the bank’s capital structure and long-term funding strategy.
Credit Rating Overview
The bank’s debt instruments continue to maintain strong credit profiles. As of March 16, 2026, major agencies including CARE and CRISIL have reaffirmed the AAA rating for its active bonds, while Perpetual Bonds (AT 1) maintain an AA+ rating. All credit ratings have been verified, reflecting the bank’s stable financial outlook and consistent debt-servicing capabilities.
Strategic Debt Management and Redemptions
During the 2025-26 financial year, Indian Bank successfully executed several strategic debt management actions. The bank exercised call options on Tier 2 Bonds (Series V) amounting to ₹2,000 crore in January 2026. Additionally, the bank redeemed three series of AT 1 Bonds totaling ₹2,000 crore (aggregating across Series II, III, and IV) and fully repaid ₹1,000 crore worth of Tier 2 Bonds (Series II) upon their maturity in December 2025.
Payment Status and Commitment
Indian Bank maintains a clean track record regarding its debt obligations. The bank confirmed there have been no defaults or delays in servicing its debt securities. All interest payments are processed on their scheduled dates, or on the next working day if the due date falls on a public holiday, in full compliance with regulatory requirements.
Source: BSE
