Canara Bank has informed the Exchange regarding 'Credit confirmation of Annual Interest Payment'.
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Canara Bank confirmed it has paid the annual interest on its Non-Convertible, Taxable, Subordinated, Fully Paid-up, Unsecured Basel III Compliant Tier II Bonds (ISIN: INE476A08258) on the due date of 18 March 2026. The interest amount of Rs. 298.40 crore was credited to bondholders' bank accounts via RTGS/NEFT/IBA/DD. The original issue size of these bonds was Rs. 4,000 crore. The payment was made on time with no delays or changes in frequency.
This is a routine regulatory disclosure confirming an on-time interest payment on existing bonds. It signals that the bank is meeting its debt obligations as scheduled, which is positive for creditor confidence but is unlikely to have any material impact on the stock price.