Bank Of India has informed the Exchange regarding 'Intimation of Interest payment due date/Record Date of various Bonds issued by Bank of India on private placement basis'.
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Awaiting price reaction for this filing.
Bank of India has notified the stock exchanges about the record date for annual interest payments on its privately placed bonds. The record date is fixed as March 16, 2026, with interest falling due on April 1, 2026. Actual interest payment will be made on April 2, 2026, since April 1 is a bank holiday in Mumbai. The announcement covers 9 bond series — including Tier I, Tier II, and Long Term Infrastructure Bonds — with a combined outstanding value of around Rs. 32,990 crore and coupon rates ranging from 7.14% to 8.57%.
This is a routine regulatory compliance filing confirming scheduled interest payments to bondholders. It has no direct material impact on equity shareholders or the stock price, though it signals the bank is meeting its debt servicing obligations on time.