Corporate News 05-Jul-24
Board of Bank of Baroda approves raising additional capital up to Rs 7,500 cr in FY25
At meeting held on 05 July 2024
The board of Bank of Baroda at its meeting held on 05 July 2024 has approved raising of additional capital up to Rs.7,500 crore by way of Additional Tier 1 (AT 1) or Tier II Debt Capital Instruments with an interchangeability option in India/overseas, in suitable tranches upto 31 March 2025 and beyond if found expedient.
Previous News
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Bank of Baroda domestic advances grow 8% YoY in Q1; to raise Rs 7,500 cr via debt instruments
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Board of Bank of Baroda approves raising additional capital up to Rs 7,500 cr in FY25
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