The Karnataka Bank Limited has informed the Exchange regarding 'Payment of Annual Interest on Tier II Bonds (ISIN: INE614B08054)'.
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Karnataka Bank has confirmed timely payment of annual interest on its Tier II subordinated bonds (Series VII, ISIN: INE614B08054) issued under Chapter XI of SEBI's July 2025 circular. The total issue size is Rs. 300 crore, and the bank paid Rs. 32.10 crore as annual interest on the due date of 30 March 2026. There is no change in the interest payment frequency and no redemption payment is due. The record date for the interest payment was 13 March 2026.
This is a routine regulatory disclosure confirming that the bank met its debt servicing obligation on time, signalling continued financial discipline on its Tier II bond commitments. No material impact on stock price is expected as it reflects a scheduled, predictable payment.