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
article-image

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.

RECENT STORIES

OYO Assets Rakes In ₹ 125 Crore In Fresh Funding Round, Institutional & Private Investors Swarm...

OYO Assets Rakes In ₹ 125 Crore In  Fresh Funding Round, Institutional & Private Investors Swarm...

Finance Ministry Propels Historic Merger: Three Public Sector General Insurers To Fuse Into One...

Finance Ministry Propels Historic  Merger: Three Public Sector General Insurers To Fuse Into One...

Renewable Gas Worth ₹270 Crore Per Year Can Be Produced By Paddy Straw Burned By Farmers: Biogas...

Renewable Gas Worth ₹270 Crore Per Year Can Be Produced By Paddy Straw Burned By Farmers: Biogas...

Rolls-Royce Breaks Government Grip: Private Power Systems Demand To Lead India By 2026-27

Rolls-Royce Breaks Government Grip: Private Power Systems Demand To Lead India By 2026-27

Aurobindo Pharma Hit By Million Dollar Loss At China-Based Facility, Knocks Back With Growth...

Aurobindo Pharma Hit By Million Dollar Loss At China-Based Facility, Knocks Back With Growth...