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Bank of IndiaImportant, 02-04-2025: Updates

02-04-2025 · 12:56 pm

Bank of India has made annual interest payments for its Tier I, Tier II, and Infra Bonds, totaling significant amounts across various issuances. For Additional Tier I Bonds, payments include ₹67.80 Cr, ₹55.99 Cr, and ₹128.55 Cr. Infra Bonds saw ₹2,64.42 Cr, ₹1,24.85 Cr, and ₹23.22 Cr disbursed. Tier II Bonds had payments of ₹255.60 Cr, ₹128.52 Cr, and ₹157.60 Cr. Lastly, another newly issued bond resulted in a payment of ₹95.93 Cr. All payments occurred on April 2, 2025, due to the previous day's bank holiday. Investors should note these payment confirmations as a marker of the bank’s commitment to its bondholders, positively reflecting on its operational stability and ongoing financial strategy.

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