Karnataka Bank Ltd

🏦 Karnataka Bank Issues ₹300 Crore Debt Securities with 10.70% Annual Coupon

- Issued ₹300 crore debt securities on March 30, 2022

- Outstanding amount remains ₹300 crore as of March 31, 2026

- Maturity date: March 30, 2032 (10-year tenor)

- Fixed coupon rate: 10.70% per annum with annual interest payments

- Call option exercisable after 5 years from allotment date (March 30, 2027)