South Indian Bank has informed that the Bank has made timely payment of yearly interest to the eligible beneficial owner in respect of the SIB Bonds-2015 (Non-Convertible, Redeemable, Fully Paid-Up, Unsecured, Basel III Compliant Tier 2 Bonds in the nature of debentures with coupon rate at 10.25% pa); Whether Interest payment made: Yes; Details of interest payments enclosed.
The above information is a part of company’s filings submitted to BSE.