Indian Bank confirms annual interest payment on infrastructure bonds
INDIANB · price
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Indian Bank confirmed it paid Rs 35.60 crore of annual interest on Long Term Infrastructure Bonds Series II (ISIN INE562A08107) on 26 October 2026. The Rs 5,000 crore issue had a record date of 12 October. The scheduled 25 October due date fell on a Sunday, so payment was made on the next business day without extra interest, as per the issue terms.
The bond interest was paid as due, with no payment default or extra cost. This is routine debt servicing and is broadly neutral for equity shareholders.