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Bank of Baroda informs about company updates

15 Oct 2016 Evaluate

Bank of Baroda has informed that the Bank has initiated the process of raising funds through issuance of Basel III Compliant AT-I (Additional Tier-I Capital) Bonds, i.e. Perpetual Debt Instrument, as per the regulatory definitions of the Reserve Banks of India of Rs 1000 crore with Green Shoe option of Rs 1000 crore (Total size not to exceed Rs 2000 crore) on Private Placement Basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 938.55
PNB 115.75
Bank Of Baroda 234.40
Canara Bank 117.50
Union Bank Of India 171.90
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