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

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

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	981.20
PNB	115.50
Bank Of Baroda	235.25
Canara Bank	123.15
Union Bank Of India	177.05
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