Market Closed -
NSE India S.E.
12:43:48 09/05/2024 BST
5-day change
1st Jan Change
61.15
INR
-3.55%
-10.21%
+41.22%
Indian Overseas Bank : Timely Payment 02.04.2024
April 04, 2024 at 09:26 am
Ref No. IRC/10/2024-25
02.04.2024
The General Manager,
The Vice President,
Department of Corporate Services,
National Stock Exchange Ltd.,
BSE Limited,
Exchange Plaza, C-1 Block G,
Floor 1, P.J. Towers, Dalal Street,
Bandra-Kurla Complex, Bandra (E),
Mumbai 400 001
Mumbai - 400 051
BSE SCRIP CODE: 532388
NSE SCRIP CODE: IOB
Dear Sir/ Madam,
Regulation 57 of Chapter V of SEBI (Li sting Obligations and Disclosure
Requirements) Regulati ons 2015
Pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 as amended up to date, we wish to inform you that the Bank has paid annual interest today i.e., 02.04.2024 due on BASEL III Tier- II Bonds Series IV (INE565A08043).
Whether Interest Payment / Redemption Payment made: Yes, Interest Payment made.
Details of Interest Payments:
No.
Particulars
Details
1
ISIN
INE565A08043
2
Issue Size
Rs.665 Crore
3
Interest Amount to be paid on Due Date
Rs.57,19,00,000/-
4
Frequency - Quarterly / Monthly
Annual
5
Change in Frequency of Payment (if any)
N.A.
6
Details of such Change
N.A.
7
Interest Payment Record Date
15/03/2024
8
Due Date for Interest Payment
31/03/2024 (Sunday)*
9
Actual Date of Interest Paid
02/04/2024
10
Amount of Interest Paid
Rs.57,19,00,000/-
11
Date of Last Interest Payment
N.A.
12
Reason for Non-Payment / Delay in Payment
N.A.
*31/03/2024 is a holiday on account of Sunday and 01/04/2024 is being Annual Closing of Accounts.
c) Details of Redemption Payment: N/A
इण्डियन ओवरसीज़ बैंक,
ननवेशकसंबंधकक्ष, कें न्द्रीयकााालय,
763 अण्णा सालै, चेन्नै600 002
044 - 7172 9791, 2888 9360 | investor@iobnet.co.in
Please take the above information on record and arrange for dissemination.
Yours faithfully,
Digitally signed by RAM MOHAN K
Date: 2024.04.02 15:34:38 +05'30'
(Ram Mohan K)
Compliance officer
इण्डियन ओवरसीज़ बैंक,
ननवेशकसंबंधकक्ष, कें न्द्रीयकााालय,
763 अण्णा सालै, चेन्नै600 002
044 - 7172 9791, 2888 9360 | investor@iobnet.co.in
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IOB - Indian Overseas Bank published this content on
02 April 2024 and is solely responsible for the information contained therein. Distributed by
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04 April 2024 08:25:04 UTC .
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Indian Overseas Bank (the Bank) is engaged in the business of banking. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bankâs operations consist of domestic deposits; domestic advances; foreign exchange operations; investments; micro, small and medium enterprises, including MUDRA Loan Scheme; retail banking, including Arogya Mahila Savings Bank Accounts; Mid Corporate department; agricultural credit portfolio; loans to small and marginal farmers; loans to non-corporate farmers, and microfinance. Its personal banking services include saving bank, current account, term deposit, retail loans, and mortgages and depository services. It offers merchant banking for issues, debenture trustee, dividend/interest warrant and others. It also offers Internet and mobile banking services. Its overseas branches with operations in Singapore, Colombo, Hong kong and Bangkok.
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