Indian Overseas Bank fixes record date for payment of interest on Tier 2 bonds 
News Updates

Indian Overseas Bank fixes record date for payment of interest on Tier 2 bonds

Indian Overseas Bank will pay coupon on Basel lll Tier ll Bonds - Series lV on March 31

PSU Watch Bureau

New Delhi: State-owned Indian Overseas Bank said in a regulatory filing that the coupon payment on Basel lll Tier ll Bonds - Series lV is due on March 31 and will be paid on the same date.

Additionally, the filing said, the rate of coupon is 8.6 percent.

(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.)

Also Read

Industrial output growth at 13-month low of 0.4% in Oct

Govt directs Wireless Monitoring Organisation to identify source of GPS spoofing at airports

AAI conducting audit of communication, navigation, surveillance equipment at all airports

Coal Ministry streamlines approval process for exploration programmes and geological reports

Prashant Dubey (IDAS) appointed Deputy Secretary in Department of Consumer Affairs