CANBKNSECANARA BANK· BanksMediumNeutral
Announced Mon, 20 Jul · 17:34 IST

Canara Bank pays annual interest of Rs 164.80 crore on AT1 bonds

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AI summary

Canara Bank paid annual interest of Rs 164.80 crore on its Basel III Compliant Additional Tier 1 perpetual bonds (ISIN INE476A08167) on 20 July 2026, the due date. The interest was on a Rs 2,000 crore bond issue, paid via RTGS, NEFT, IBA, or DD to bondholder accounts. The coupon date fell on a Sunday, so payment was made the next business day as per the information memorandum. This is a routine regulatory disclosure under SEBI Listing Regulations.

Likely market impact

Routine, on-time interest payment. No material impact on stock. Confirms healthy servicing of AT1 capital bonds.