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.)

BEML, DCIL sign MoUs worth Rs 350 crore to strengthen India’s dredging and maritime infrastructure

BEL bags additional orders worth Rs 732 crore for SDRs and defence systems

NTPC Unchahar signs MoA with CVPS for TB awareness & nutrition support in Raebareli

Stock markets fall in early trade as fresh foreign fund outflows hurt sentiment

Govt exempts pilot underground coal gasification projects from environmental clearance