Karnataka Bank updates on private placement debt securities for half-year

Karnataka Bank Limited submitted its half-yearly statement regarding debt securities issued under private placement, in accordance with SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The statement, dated October 4, 2025, covers the period ending September 30, 2025, and was addressed to both the National Stock Exchange of India and BSE Limited.

The disclosure highlights one specific debt security: an unlisted, unrated bond (ISIN: INE614B08054) issued by Karnataka Bank. This security has an issuance date of March 30, 2022, and a maturity date of March 30, 2032. It carries a coupon rate of 10.70% per annum, with interest paid annually.

The bond includes an embedded call option, which can be exercised after the bonds have been outstanding for at least five years from the allotment date, subject to prior approval from the Reserve Bank of India (RBI). The amount issued for this debt security is Rs. 300.00 crore, with the full Rs. 300.00 crore still outstanding.