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Bank of Baroda planning to raise funds via bonds

13 Sep 2019 Evaluate

Bank of Baroda is planning to raise debt capital for the Bank through issuance of Basel III Compliant Tier II Bonds / Additional Tier 1 Bonds. The company’s Capital Raising Committee (CRC) of Whole Time Directors of the Bank meeting is scheduled to be held on September 18, 2019 to consider 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.

Peers
Company Name CMP
State Bank Of India 969.40
PNB 114.20
Bank Of Baroda 232.95
Canara Bank 122.40
Union Bank Of India 175.30
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