Bank of Baroda has received approval for raising of additional capital up to Rs 5,000 crore by way of Additional Tier I (AT I) or Tier II Debt Capital Instruments with an interchangeability option in India/overseas, in suitable tranches up to March 31, 2024 and beyond if found expedient. The above capital will be raised when market is conducive. The Board of Directors of Bank of Baroda at its meeting held on June 2, 2023, approved 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.