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Bank of Baroda raises Rs 1,747 crore by issuing Basel III compliant bonds

18 Dec 2019 Evaluate

Bank of Baroda has raised Rs 1,747 crore by issuing Basel III compliant bonds on a private placement basis. The bank has issued and allotted Basel III compliant additional tier I bonds.

To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes. These norms are being implemented to mitigate concerns on potential stresses on asset quality and consequential impact on performance and profitability of banks.

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.

Bank Of Baroda Share Price

264.05 -6.30 (-2.33%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1019.55
PNB 107.20
Canara Bank 134.35
Bank Of Baroda 264.05
Union Bank Of India 166.15
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