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Canara Bank Confirms Annual Interest and Redemption Payout on Debt Security

Story Highlights
  • Canara Bank confirmed completion of annual interest and redemption payments on a specified debt security.
  • A total of Rs 10.765 crore was credited to investors’ accounts on 6 January 2025 in line with regulatory directives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Canara Bank Confirms Annual Interest and Redemption Payout on Debt Security

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Canara Bank ( (IN:CANBK) ) has provided an update.

Canara Bank has notified the stock exchanges that it has completed the annual interest payment and redemption related to a specific debt security identified by ISIN INE476A08100. In compliance with regulatory requirements, the bank credited a total of Rs 10.765 crore to investors’ bank accounts on 6 January 2025 through RTGS/NEFT/IBA/DD modes as per an Enforcement Directorate order, confirming timely servicing and redemption of this instrument for holders of the security.

More about Canara Bank

Canara Bank is a large Indian public sector bank headquartered in Bengaluru, offering a full range of banking and financial services including deposits, loans, and investment products to retail, corporate, and institutional customers across India and in select international markets.

Average Trading Volume: 1,954,769

Technical Sentiment Signal: Buy

Current Market Cap: 1398.2B INR

Learn more about CANBK stock on TipRanks’ Stock Analysis page.

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