Indian Bank has disclosed its statement of outstanding debt securities for the half-year period ending March 31, 2026. The report confirms a total outstanding bond value of ₹16,000 crore across four distinct issuances. These bonds, which include various issuance dates ranging from 2017 to 2026, carry coupon rates between 7.12% and 8.15%, reflecting the bank’s long-term debt profile as it concludes the 2025-26 fiscal year.
Summary of Outstanding Debt
Indian Bank has officially released the details of its outstanding bonds as of March 31, 2026. The bank’s debt portfolio consists of four active bond series that demonstrate its sustained capital market engagement over the last decade. The total outstanding amount of ₹16,000 crore underlines the bank’s commitment to maintaining a robust balance sheet to support its strategic growth initiatives.
Breakdown of Bond Issuances
The outstanding debt is comprised of the following key issuances:
- INE428A08051: Issued on January 25, 2017, maturing on January 25, 2027, with an 8.15% coupon rate.
- INE562A08099: Issued on September 13, 2024, maturing on September 13, 2034, with a 7.24% coupon rate.
- INE562A08107: Issued on October 25, 2024, maturing on October 25, 2034, with a 7.12% coupon rate.
- INE562A08115: Issued on March 24, 2026, maturing on March 24, 2036, with a 7.15% coupon rate.
Key Financial Highlights
All listed bonds utilize an annual payment frequency for interest distribution. The most recent issuance, finalized in March 2026, accounts for ₹5,000 crore of the total outstanding value. This consistent structure of debt management ensures that the bank continues to meet its capital requirements effectively while providing fixed-income opportunities to investors across various maturity timelines.
Source: BSE
