Bank of Baroda has reportedly accepted bids worth Rs 1,650 crore for its perpetual bonds and closed the issue at a price of 8.70%. The issue witnessed significant response from investors having received bids worth almost Rs 4,300 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.