ALPHA TRIBE

The South Indian Bank LimitedOthers, 21-08-2025: Copy of Newspaper Publication

21-08-2025 | 04:21 pm

South Indian Bank has decided to exercise the call option on its Basel III compliant Tier 2 Bonds, which had a total issue size of Rs. 490.00 Crore. These non-convertible, redeemable bonds will be fully repaid to bondholders on September 12, 2025, along with accrued interest up to September 11, 2025. This move allows the bank to prepay debt, impacting its capital structure. Bondholders should ensure their bank details are updated with their depository participant for timely receipt of funds.

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