Bank of Baroda has received approval for issuance of equity shares of Rs 5,042 crore to Government of India on a preferential basis. The Board of Directors of the company at its meeting held on April 25, 2019 has approved the same.
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.