Indian Bank pays Rs 43.9 cr interest on its debt securities

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."

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