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Bank of Baroda to get Rs 5,042 crore capital infusion from govt

28 Mar 2019 Evaluate

Ministry of Finance, Government of India vide its notification dated March 28, 2019 has conveyed its decision to infuse capital of Rs 5,042 crore in Bank of Baroda.  The Capital infusion will be by way of preferential allotment of equity shares (Special Securities / Bonds) of the Bank during FY2018-19, as Government's investment.

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.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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