Bank of Maharashtra duly pays Rs 15.55 cr interest on its debt securities

New Delhi: Bank of Maharashtra stated in a mandatory filing on Wednesday that it has duly paid interest of Rs 15.55 crores on its debt securities, Basel III, Compliant Additional Tier 1 (AT1) Bonds. Further, the bank stated in the BSE filing that the issue size of the bonds was Rs 200.70 crores. The bank paid interest amount of Rs 15.55 crores, stated the regulatory filing.

The filing also stated that the bank paid the interest on Wednesday and notified that it pays interest on an annual basis. It further added that the record date for interest payment was November 29. The bank paid the last interest on December 14, 2021.

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