Government sanctions capital infusion of Rs 7000 crore in Bank of Baroda

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

01 Oct 2019 Evaluate

Ministry of Finance, Government of India has conveyed its decision to infuse capital of Rs 7,000 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 the FY2019-20 as Government's investment in Bank.

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	1004.50
PNB	116.85
Bank Of Baroda	238.00
Canara Bank	124.20
Union Bank Of India	180.80
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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