Bank of Maharashtra Debt & Borrowing: ₹500 Cr
Bank of Maharashtra has redeemed its Basel III Tier II bonds worth Rs. 500 Crore. The redemption was completed on maturity, reducing the outstanding amount to zero.
- Value
- ₹500.0 Cr
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Bank of Maharashtra has redeemed its Basel III Tier II bonds worth Rs. 500 Crore. The redemption was completed on maturity, reducing the outstanding amount to zero.
Bank of Maharashtra has paid Rs. 11.09 Crore in interest and principal for its Basel III Tier II bonds. The payment confirms fulfillment of debt obligations.
Bank of Maharashtra has paid Rs. 11.09 Crore in annual interest and redeemed Tier II Bonds worth Rs. 500 Crore. The full redemption of ISIN INE457A08035 was completed upon maturity.
Fitch Ratings assigned a 'BBB-' rating to Bank of Maharashtra's USD 500 million senior unsecured Medium Term Note programme due September 2031.
Bank of Maharashtra disclosed a proposed three-day strike (28–30 Sept 2026) by bank unions. Branch functioning may be affected if the strike materializes.
Bank of Maharashtra received a BBB credit rating from S&P Global Ratings for its USD 500 million Medium Term Note Programme.