Canara Bank confirmed the timely payment of the annual interest installment on its Non-Convertible, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier 1 (AT1) Bonds, carrying ISIN INE476A08159. The payment, amounting to Rs. 80,70,00,000/-, was successfully credited to bondholders’ accounts on the due date, March 4, 2026, via RTGS/NEFT mode.
Annual Interest Payment Confirmed
Canara Bank has officially informed the Exchanges regarding the successful execution of its scheduled Annual Interest Payment obligation. This payment relates to the bank’s outstanding Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier 1 Bonds. The entire process was executed in compliance with the terms of issue and was completed on the specified due date.
Key Payment Details
The total principal issue size for these instruments stands at Rs. 1,000,00,00,000/-. The interest payment frequency for this series is set as Annual. The critical dates associated with this payment cycle are as follows:
- Interest Payment Record Date: 17/02/2026
- Scheduled Due Date for Interest Payment: 04/03/2026
- Actual Date of Interest Payment: 04/03/2026
Financial Disbursement Summary
The quantum of the annual interest paid amounts to Rs. 80,70,00,000/- (Rupees Eighty Crores Seventy Lakhs only). This amount was successfully disbursed to the respective Bond Holders’ bank accounts today, March 4, 2026, using the standard electronic transfer modes (RTGS/NEFT/IBA/DD). For reference, the previous interest payment was completed on 04/03/2025, indicating punctual execution for this financial obligation.
Source: BSE
