Indian Bank confirms full payment of Basel III tier 2 bonds

Indian Bank announced the successful payment of principal and interest on its debt securities, specifically the Basel III Compliant Tier 2 Bonds Series II (ISIN-INE428A08044). This disclosure was made in compliance with Regulation 57 of SEBI (LODR) Regulations, 2015.

The total interest amount paid was 8.64 bn rupees, while the full redemption amount for the issue size of 10 bn rupees was also settled. The due date for interest payment and redemption was originally December 19, 2025. However, as December 21, 2025, was a Sunday (holiday) and December 20, 2025, was a non-business day, the payment was processed on the immediately preceding business day, December 19, 2025, in line with the terms of the offer document.