Indian Bank pays Rs 43.9 cr interest on its debt securities 
Latest News

Indian Bank pays Rs 43.9 cr interest on its debt securities

Indian Bank in a regulatory filing on Friday stated that it had paid interest amount of Rs 43.9 crores on its debt securities

PSU Watch Bureau

New Delhi: State-owned Indian Bank in a regulatory filing on Friday stated that it had paid interest amount of Rs 43.9 crores on its debt securities. The filing also stated that the bank pays interest annually. It said that the issue size was Rs 500 crore.

Additionally, the filing also stated that the record date for interest payment was January 5, 2023. It said that the "bank has duly paid interest on its Debt Securities, Basel III, Compliant Tier 2 Bonds Series I."

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

World Bank raises India’s FY27 growth forecast to 7.1 percent

From hockey gold to badminton bronze, ONGC-backed athletes make their mark at Asian Games 2026

Power Grid establishes Centre of Excellence at Punjab Engineering College

Rupee falls 4 paise to 96.39 against US dollar in early trade

Sensex, Nifty rise in early trade on buying in bank stocks, Reliance Industries