Bank of Maharashtra pays ₹41.09 crore interest on Basel III bonds
- Bank of Maharashtra paid ₹41.09 crore in annual interest on Basel III Tier II bonds
- The payment covers the bond issue with an aggregate size of ₹515 crore
- Interest was paid on the due date of September 18, 2026
- The record date for eligible bondholders was September 3, 2026
- IDBI Trusteeship Services Limited acts as the Debenture Trustee
*this image is generated using AI for illustrative purposes only.
Bank of Maharashtra paid annual interest of ₹41.09 crore on its Basel III compliant Tier II bonds on September 18, 2026. The payout relates to the bond issue with ISIN INE457A08142, which has a total issue size of ₹515 crore.
The bank confirmed the payment pursuant to Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The interest amount includes tax deducted at source (TDS). The record date for the interest payment was September 3, 2026.
Bond Payment Details
The annual interest payment was executed on the due date without delay. The previous interest payment was made on September 18, 2025. IDBI Trusteeship Services Limited serves as the Debenture Trustee for these bonds.
| Particulars | Details |
|---|---|
| Issue Size | ₹515.00 crore |
| Interest Amount Paid | ₹41,09,70,000.00 |
| Frequency | Annually |
| Record Date | September 3, 2026 |
| Due Date | September 18, 2026 |
| Actual Payment Date | September 18, 2026 |
| Last Interest Payment | September 18, 2025 |
What the Numbers Show
The interest outflow of ₹41.09 crore represents approximately 8% of the ₹515 crore bond principal. This indicates a stable cost of capital for this specific tier of regulatory capital, with no change in payment frequency or terms since the last annual cycle.
Historical Stock Returns for Bank of Maharashtra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.39% | -0.96% | +3.01% | +33.71% | +45.77% | +332.85% |
How might the stable 8% cost of capital for Bank of Maharashtra's Tier II bonds compare to emerging rates for new Basel III compliant issuances in the current market environment?
What impact could this consistent interest outflow have on the bank's net interest margin and overall profitability in the upcoming fiscal year?
Are there indications that Bank of Maharashtra plans to refinance or issue additional regulatory capital instruments before the maturity of this specific bond tranche?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
