Indian Bank Receives RBI Approval to Exercise Call Option on Rs. 2,000 Crore Tier 2 Bonds
Chennai, 29th December 2025 – Indian Bank has received the prior approval of the Reserve Bank of India (RBI) to exercise the call option on its outstanding Tier 2 Bonds Series V (ISIN: INE562A08081) aggregating to ₹2,000 crore.
The first call option on these bonds is due on 13th January 2026. This development follows the bank’s previous communication on 18th December 2025 regarding the exercise of the call option, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The approval enables Indian Bank to proceed with the planned redemption of the bonds, reflecting the bank’s proactive approach to managing its capital structure and optimizing funding costs.
The bank has notified both the National Stock Exchange of India (NSE: INDIANB) and BSE Limited (Scrip Code: 532814) about the RBI’s approval for investor awareness and record-keeping purposes.