The South Indian Bank Limited — Important, 17-02-2025: Updates

Details regarding the yearly interest of the Non-Convertible, Redeemable, Unsecured, Basel III Compliant Tier 2 Bonds issued by South Indian Bank have been communicated. The bonds, identified by ISIN INE683A08028, carry an interest rate of 10.25% per annum. The interest payment is due on April 2, 2025, with a record date set for March 17, 2025, to determine the bondholders eligible for interest payment. Notably, these dates have been adjusted to account for non-business days. This announcement highlights the bank's commitment to timely interest payments, which may instill confidence among bondholders. Keep an eye on these developments, as they reflect the institution's financial management and operational diligence.