Bank of Maharashtra pays annual interest on BASEL III Compliant Tier II Bonds 
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Bank of Maharashtra pays annual interest on BASEL III Compliant Tier II Bonds

Bank of Maharashtra has paid an annual interest worth Rs 8,00,00,000 on Basel III Compliant Tier II bonds on Thursday

PSU Watch Bureau

New Delhi: State-owned Bank of Maharashtra said in a regulatory filing that it has paid an annual interest worth Rs 8,00,00,000 on Basel III Compliant Tier II bonds on Thursday. The issue size was Rs 100 crores, it noted. Further, it said that the record date was March 8.

The filing also noted that the bank had paid its last interest on March 23, 2022.

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