Indian Bank gets RBI approval to call AT 1 bonds

Indian Bank announced today that it has received prior approval from the Reserve Bank of India (RBI) to exercise the call option on its outstanding AT 1 Bonds. This approval, communicated in a letter dated November 10, 2025, follows an earlier communication from the bank regarding the matter.

The approval pertains to Series II (ISIN-INE562A08057) bonds valued at Rs.1048 crore, Series III (ISIN-INE562A08065) bonds worth Rs.560 crore, and Series IV (ISIN-INE562A08073) bonds totaling Rs.392 crore. The respective first call option due dates for these series are December 8, 2025, December 14, 2025, and December 30, 2025. This move aligns with SEBI (LODR) Regulations, 2015.