Canara Bank has confirmed the timely payment of its annual interest on Unsecured, Subordinated, Non-Convertible, Redeemable, Fully Paid Up, Taxable, Basel III Compliant Additional Tier 1 Bonds. The total interest amount paid was ₹248,10,00,000, credited to bondholders’ accounts on August 29, 2026. The payment was made as per the terms of the issue, with the record date set for August 14, 2026.
Canara Bank Confirms Annual Interest Payment
Canara Bank has officially announced the successful and timely payment of annual interest on its Additional Tier 1 (AT1) Bonds. This announcement pertains to the Unsecured, Subordinated, Non-Convertible, Redeemable, Fully Paid Up, Taxable, Basel III Compliant AT1 Bonds, identified by ISIN INE476A08241.
Interest Payment Details
The total annual interest amount disbursed was ₹248,10,00,000 (Rupees Two Hundred Forty-Eight Crore and Ten Lakh Only). This payment was credited to the respective bank accounts of the bondholders on August 29, 2026, through RTGS/NEFT/IBA/DD modes, adhering to the established terms of the issue. The Interest Payment Record Date was August 14, 2026, with the due date and actual payment date both falling on August 29, 2026. The last interest payment was made on August 29, 2025.
The issue size for these bonds stands at ₹3000,00,00,000. The bank has confirmed that there were no reasons for non-payment or delay in this interest disbursement.
Source: BSE
