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Bank of Baroda gets nod to raise funds up to Rs 2000 crore via bonds

08 Jan 2020 Evaluate

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.

Peers
Company Name CMP
State Bank Of India 979.40
PNB 116.00
Bank Of Baroda 234.40
Canara Bank 123.10
Union Bank Of India 176.50
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