CANBKNSECANARA BANK· BanksMediumPositive
Announced Mon, 20 Jul · 16:50 IST

Canara Bank pays Rs 740 Cr annual interest on infrastructure bonds

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AI summary

Canara Bank has paid Rs 740 crore as annual interest on its Long-Term Infrastructure Bonds (ISIN: INE476A08233) on 20 July 2026, which is the due date. The total issue size of these non-convertible, taxable, unsecured, redeemable bonds is Rs 10,000 crore. Payment was made on time through RTGS, NEFT, IBA or DD to bondholder accounts, as confirmed under SEBI LODR Regulation 57.

Likely market impact

Timely annual interest payment reflects healthy cash flows and disciplined servicing of bond obligations. No negative impact on shareholders or bondholders.