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Small Industries Development Bank of India — Confirmation of Redemption/Payment of Interest and Principal

NSE 1d ago·22 Sept 2026, 12:16 pm

Bank OF India

Small Industries Development Bank of India (SIDBI) has confirmed the redemption of its specified bank non-convertible debentures (NCDs) and the payment of interest. This development pertains to a specific series of debt instruments issued by the bank, which are now reaching their maturity date. The confirmation ensures that investors will receive the principal amount back along with the accrued interest as per the terms of the issue.

This news is significant for holders of these specific NCDs as it marks the final step in the investment cycle, confirming the return of capital. For the broader market, it highlights SIDBI's commitment to meeting its financial obligations on time. Investors should verify the exact maturity date and payment instructions for their specific holding to ensure smooth processing of funds.