Bank of Baroda has received an approval for issuance of Basel III Compliant Tier II Bonds for aggregate total issue size not exceeding Rs 2000 crore in single or multiple tranches. The designated committee of the Board i.e. Capital Raising Committee of the Bank on January 3, 2020, 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.