Bank of Baroda has received an approval for issuance of Basel III Compliant Additional Tier I Bonds for aggregate total issue size not exceeding Rs 1,850 crore, with a base issue size of Rs 500 crore and a Green Shoe Option to retain oversubscription up to Rs 1 ,350 crore. The designated committee of the Board i.e. Capital Raising Committee of the Bank on December 05, 2019, 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.