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

Mercedes-Benz India Will Increase Prices Across The Entire Model Range By 2% Starting January 1,...

Mercedes-Benz India Will Increase Prices Across The Entire Model Range By 2% Starting January 1,...

India Takes Major Step Toward Cleaner Industrial Production By Allocating ₹455 Crore For Utilising...

India Takes Major Step Toward Cleaner Industrial Production By Allocating ₹455 Crore For Utilising...

Union Government Releases ₹717.17 Crore To Strengthen Rural Local Bodies In Maharashtra

Union Government Releases ₹717.17 Crore To Strengthen Rural Local Bodies In Maharashtra

'Asset Manager Brookfield Properties To Invest $1 Billion For Erecting Global Capability Centre...

'Asset Manager Brookfield Properties To Invest $1 Billion For Erecting Global Capability Centre...

Will Your Salary Drop Under New Labour Codes? Centre Clarifies Take-Home Pay Impact

Will Your Salary Drop Under New Labour Codes? Centre Clarifies Take-Home Pay Impact