Bank of Baroda is planning to raise funds up to Rs 6,000 crore through various instruments, including preference issue of shares, rights issue or a follow-on public offer. The Bank will seek approval from the shareholders for the same in its annual general meeting to be held on July 13, 2018.
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.
