SBI exercises call option on retail bonds issued in 2011, will no longer pay 9.95% interest

The bond was to mature on March 16, 2026, but due to the call option investors who had invested in these bonds will get their money back today or tomorrow.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/sbi-exercises-call-option-will-no-longer-pay-9-95-on-retail-bonds-issued-in-2011/articleshow/81525219.cms