Indian Bank Successfully Raises Rs. 5000 Crore Through Long-Term Infrastructure Bonds
Indian Bank announced the successful raising of Long-Term Infrastructure Bonds aggregating up to Rs. 5000 crore through a private placement. The bonds were issued through the BSE EBP platform.The details of the bond issuance are outlined below:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Issue Type | 7.15%, Senior, Rated, Listed, Unsecured, Redeemable, Long Term, Fully Paid-up, Non-Convertible Bonds in the nature of Debentures, Series III |
| 2 | ISIN | INE562A08115 |
| 3 | Issue Size | Rs.5000 crore |
| 4 | No. of Bonds | 5,00,000 Bonds of face value of Rs.1.00 lakh each |
| 5 | Issue opened on | 23.03.2026 on BSE EBP Platform |
| 6 | Issue closed on | 23.03.2026 on BSE EBP Platform |
| 7 | Date of Allotment | 24.03.2026 |
| 8 | No. of Allottees | 04 |
The allotment was finalized on March 24, 2026, with a total of four allottees. The bonds are listed on the National Stock Exchange (NSE) under the symbol INDIANB and on the Bombay Stock Exchange (BSE) under the scrip code 532814.
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