Bank of Baroda gets nod to raise Rs 1,132 crore under ESP scheme

04 Sep 2019

Bank of Baroda has received an approval to raise up to Rs 1,132.05 crore by issuing fresh shares to its staff under the Employee Share Purchase Scheme (ESPS). The compensation committee of the board at its meeting held on September 3, 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.

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