Investment30 Jan 2026, 05:00 pm
Bank of Baroda Approves Fund Raising of Rs. 15,000 Crores
AI Summary
The Board of Directors of Bank of Baroda has approved the raising of long term bonds for financing of infrastructure and affordable housing/ Long Term Green Infrastructure Bond. The total issue size is up to Rs. 15,000 crores, which includes the remaining Rs. 5,000 crores from the previous approval. The funds will be raised in single or multiple tranches during the FY 2025-26 and beyond if found feasible. The Board Meeting commenced at 10.30 a.m and concluded at 04.30 p.m.
Key Highlights
- Bank of Baroda approved the raising of long term bonds for financing of infrastructure and affordable housing/ Long Term Green Infrastructure Bond.
- The total issue size is up to Rs. 15,000 crores, including the remaining Rs. 5,000 crores from the previous approval.
- The funds will be raised in single or multiple tranches during the FY 2025-26 and beyond if found feasible.
- The decision was made in a Board Meeting that commenced at 10.30 a.m and concluded at 04.30 p.m.