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Bank of Baroda gains on getting nod to raise funds through bonds

07 Aug 2017 Evaluate

Bank of Baroda is currently trading at Rs. 159.85, up by 0.90 points or 0.57% from its previous closing of Rs. 158.95 on the BSE.

The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 161.25 and Rs. 159.35 respectively. So far 145116 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 202.45 on 05-May-2017 and a 52 week low of Rs. 136.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 168.35 and Rs. 155.55 respectively. The current market cap of the company is Rs. 36762.87 crore.

The promoters holding in the company stood at 59.24%, while institutions and non-institutions held 33.22% and 7.54% respectively.

Bank of Baroda has received an approval for issuance of AT-1 Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India (RBI) for minimum amount of Rs 500 crore with Green Shoe Option, total issuance not to exceed Rs 1500 crore. The Finance Committee of the Bank has given the approval for the same, on August 5, 2017.

This is within overall Board approved limit of Rs 3000 crore for AT-I Bonds, filed with the Stock Exchanges on May 27, 2017.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Bank Of Baroda Share Price

271.55 -4.50 (-1.63%)
24-Apr-2026 11:47 View Price Chart
Peers
Company Name CMP
SBI 1096.35
PNB 111.95
Canara Bank 139.05
Bank Of Baroda 271.55
Union Bank Of India 175.70
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