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Bank of Baroda to raise funds through various ways

27 Aug 2019 Evaluate

Bank of Baroda has received approval to raise funds through issuance of Basel III Compliant Additional Tier I Bonds for aggregate total issue size not exceeding Rs 1,650 crore, with a base issue size of Rs 500 crore and a Green Shoe Option to retain oversubscription up to Rs 1,150 crore. The Board of Directors of the bank at its meeting held on August 26, 2019 has approved the same.

The board also approved issue of Basel III Compliant Tier II Capital Bonds Compliant with Basel III for aggregate total issue size not exceeding Rs 500 crore, with a base issue size of Rs 250 crore and a Green Shoe Option to retain oversubscription up to Rs 250 crore.

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

251.50 -8.65 (-3.33%)
03-Jul-2026 12:15 View Price Chart
Peers
Company Name CMP
State Bank Of India 1043.75
PNB 105.40
Bank Of Baroda 251.50
Canara Bank 127.10
Union Bank Of India 163.35
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