Pursuant to Regulation 57(1) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, Central Bank Of India has informed that upon exercise the call option, the Bank has redeemed the Basel III compliant Tier II Bond Series II by repaying entire principal amount of Rs 500,00,00,000 and part interest payment of Rs 7,20,30,137 at the coupon rate of 8.62% p.a. to the eligible bondholder as per the record date.
The above information is a part of company’s filings submitted to BSE.