The Karnataka Bank Limited — Important, 04-03-2025: Updates

The bank has notified the record date for the payment of annual interest on its Tier II Bonds (Series VII). The principal amount for these bonds is ₹300 crore with a coupon rate of 10.70%, amounting to ₹32.10 crore in interest. The interest payment is scheduled for March 31, 2025, due to March 30 being a holiday. Investors should note the upcoming record date of March 14, 2025, to ensure eligibility for this interest payment, reflecting the bank's ongoing commitment to its bondholders.