MoneyWorks4Me

Bank of Baroda gets nod to raise long term bonds of Rs 5000 crore

28 Jun 2022 Evaluate

Bank of Baroda’s board has approved the proposal of Raising of Long term Bonds for financing of Infrastructure & Affordable Housing to the tune of Rs 5000 crore in single or multiple tranches during Financial Year 2022-23. These bonds shall be senior, unsecured and will not form part of capital of the Bank. The Board of Directors in their meeting held on June 27, 2022 has 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 950.15
PNB 113.95
Bank Of Baroda 234.80
Canara Bank 118.90
Union Bank Of India 173.10
View more..