Canara Bank Credits Rs. 298.40 Crore Interest on Tier II Bonds

Bengaluru, March 18, 2026 – Canara Bank has successfully credited the annual interest of Rs. 298.40 crore on its Non-Convertible, Taxable, Subordinated, Fully Paid-up, Unsecured Basel III Compliant Tier II Bonds (ISIN: INE476A08258). The payment was made on time today through RTGS, NEFT, IBA, and DD modes, ensuring timely settlement for all bondholders.

The bonds, with an issue size of Rs. 4,000 crore, follow an annual interest payout schedule, with the record date noted as March 2, 2026, adjusted due to a holiday on March 3, 2026, in line with SEBI guidelines.

Key Details:

• ISIN: INE476A08258

• Issue Size: Rs. 4,000 crore

• Interest Amount Paid: Rs. 298.40 crore

• Frequency: Annually

• Interest Payment Date: March 18, 2026

Santosh Kumar Barik, Company Secretary, Canara Bank, confirmed the transaction and stated, “This timely interest payment reflects Canara Bank’s commitment to maintaining strong investor confidence and regulatory compliance.”

The payment strengthens the bank’s reputation as a reliable issuer of debt instruments and demonstrates its consistent financial discipline.