MoneyWorks4Me

Bank of Baroda raises Rs 1,650 crore via Basel-III compliant bonds

28 Nov 2019 Evaluate

Bank of Baroda has raised Rs 1,650 crore by issuing Basel-III compliant bonds. The bank issued 16,500 bonds at 8.70% unsecured subordinated fully paid-up additional tier 1 Basel-III non-convertible perpetual taxable bonds' with an issue size of Rs 1,650 crore. To comply with Basel-III capital regulations, bank globally need to improve and strengthen their capital planning processes.

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 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
View more..