Bank of India Announces Redemption of Basel III Tier-2 Bonds
Bank of India announces redemption of Basel III Tier-2 bonds worth ₹3,000 crore on 31 December 2025. Record date for bondholders is 16 December 2025.
Mumbai, December 1, 2025: Bank of India has informed investors about the upcoming redemption of its Basel III compliant Tier-2 bonds. The bonds, with ISIN INE084A08060 and an issued amount of ₹3,000 crore, will mature on December 31, 2025. The record date for bondholders is set for December 16, 2025.
Trading of these bonds will be suspended between the record date and the redemption date. Once redeemed, Bank of India will pay the principal amount along with any broken period interest due. After this payment, the bank will have no further obligations to the bondholders.
This move is part of the bank’s ongoing strategy for capital management and meeting Basel III standards, which helps maintain strong financial health and comply with regulations.
For questions, investors can contact Bank of India’s Investor Relations Cell at Star House-I, 8th Floor, Bandra Kurla Complex, Bandra (East), Mumbai. They can call 022-6668 4490 or email headoffice.share@bankofindia.bank.in.