FilingReader Intelligence
South Indian Bank considers calling Rs 490 crore bonds
August 14, 2025 at 04:40 PM UTC•By FilingReader AI
South Indian Bank announced it will consider exercising a call option on its Tier II bonds worth Rs 490 crore, following Reserve Bank of India approval received on August 14.
The bonds, issued in November 2017 with a 9.50% coupon rate, mature in May 2028. A board meeting is scheduled for August 20 to decide on exercising the call option.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:SOUTHBANK•Bombay Stock Exchange
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