Canara Bank Pays ₹149.6 Cr Tier 2 Bond Interest
ESOP / RSU / Share Allotment
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
27th Aug 2026
Key Quantitative Figures
- Annual Interest Payment Amount: ₹149,60,00,000 (One Hundred Forty-Nine Crore Sixty Lakh Only)
- Bond Issue Size: ₹2000,00,00,000
- Interest Payment Frequency: Annual
- No change in payment frequency
Dates of Action
- Interest Payment Record Date: August 11, 2026
- Due Date for Interest Payment: August 27, 2026 (originally scheduled for August 26, 2026 which was a holiday)
- Actual Date of Interest Payment: August 27, 2026
- Last Interest Payment Date: August 26, 2025
Bond Details
- ISIN Number: INE476A08175
- Bond Type: Unsecured, Subordinated, Non-Convertible, Redeemable, Fully Paid Up, Taxable, Basel III Compliant Tier 2 Bonds
- Payment Method: RTGS/NEFT/IBA/DD mode
- Reason for August 27 payment: Coupon payment fell on holiday (August 26, 2026), hence paid on next business day as per Information Memorandum terms
Confirmation Details
- No delay in payment
- No non-payment issues
- Full interest amount of ₹149.6 crore credited to bondholders' bank accounts