Bank of Maharashtra pays more than Rs 15 cr as interest on Tier ll bonds

Bank of Maharashtra pays more than Rs 15 cr as interest on Tier ll bonds

The bonds had been issued for more than Rs 200 crore.

FPJ Web DeskUpdated: Wednesday, December 14, 2022, 07:03 PM IST
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As per an exchange filing, state-owned Bank of Maharashtra has released the yearly interest payment on its Tier II Bonds.

For the bonds issued for Rs 200.70 crore, Bank of Maharashtra is paying more than Rs 15.55 crore as interest for the year.

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