Canara Bank has successfully completed its annual interest payment and redemption obligations for Basel III Tier II bonds, crediting a total amount of ₹814.65 crores to bondholders on December 18, 2025. The bank informed both BSE and NSE about the timely completion of payments under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Payment Structure and Details

The total payment of ₹814.65 crores was distributed to holders of Unsecured Redeemable, Non-Convertible, Fully Paid Up, Basel III Compliant, Tier II Bonds in the nature of Debentures. The bank processed these payments through multiple modes including RTGS, NEFT, IBA, and DD as per the original terms of issue.

Interest Payment Specifications

The annual interest component covered bonds with ISIN number INE667A08047, with the interest payment record date set as December 3, 2025. The bank maintained its commitment to timely payments, with the actual payment date matching the scheduled due date of December 18, 2025.

Redemption Details

The redemption component involved 7,500 Non-Convertible Debentures (NCDs) with a face value redemption approach. The redemption was processed on a maturity basis, with both the due date and actual redemption date falling on December 18, 2025.

Regulatory Compliance

Canara Bank's announcement demonstrates adherence to regulatory requirements under SEBI listing obligations. The bank provided comprehensive details of both interest and redemption payments to stock exchanges, ensuring transparency for bondholders and market participants. Company Secretary Santosh Kumar Barik signed the regulatory filing, confirming the completion of all payment obligations within the stipulated timeframe.

Canara Bank , one of India's leading public sector banks, has successfully completed its annual interest payment of ₹1,178.52 crore on Basel III Compliant Additional Tier 1 Bonds. The payment was made on December 11, 2025, demonstrating the bank's commitment to timely debt servicing and regulatory compliance.

Latest Interest Payment Details

The bank has confirmed the completion of interest payment on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid-up, Unsecured Basel III Compliant Additional Tier 1 Bonds. The payment details are as follows:

Bond Portfolio Overview

The bank's comprehensive bond portfolio totals approximately ₹26,089.00 crore across 15 instruments, with interest rates ranging from 7.09% to 8.62%. These bonds play a crucial role in maintaining the bank's capital adequacy under Basel III norms.

Upcoming Payment Schedule

Canara Bank has previously disclosed its interest payment schedule for Basel III Compliant Tier I and Tier II Bonds covering the period from August to December 2025. The bank has outlined specific interest payment dates starting from August 26, 2025, through December 31, 2025, with corresponding record dates set for each payment.

Call Options and Maturity Details

The bank has announced its intention to exercise call options on four bonds worth ₹2,936.10 crore, subject to RBI approval:

Additionally, two bonds are scheduled to reach maturity in December 2025, with both principal and annual interest amounts to be paid on their respective maturity dates.

Regulatory Compliance

The interest payment was executed in accordance with Regulation 57 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The bank has emphasized that record dates are fixed to determine eligible bondholders for interest payments, aligning with Regulations 50 and 60 (Chapter – V) of the same regulations.

Investor Implications

The timely completion of this substantial interest payment reinforces Canara Bank's financial stability and commitment to honoring its debt obligations. Investors holding Basel III Compliant Bonds can expect continued transparency in payment schedules and regulatory disclosures. The bank's proactive communication regarding payment schedules and call options demonstrates its commitment to maintaining investor confidence and regulatory compliance in the evolving banking sector.