The South Indian Bank Limited — Important, 17-10-2024: Updates

The South Indian Bank announced the half-yearly interest details for its Non-Convertible, Redeemable, Unsecured, Basel III Compliant Tier 2 Bonds (SIB Bonds 2017). The interest rate is set at 9.50% per annum, with a due date of November 28, 2024, and a record date of November 13, 2024, to determine eligible bondholders for interest payments.