StockWatch
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Public Sector Bank
Loan & Debt7 Aug 2026, 12:30 pm

Bank of Baroda Approves Raising Up to ₹6,000 Crore via Bonds

AI Summary

Bank of Baroda's Capital Raising Committee has approved raising additional capital of up to ₹6,000 crore. This capital will be raised through Additional Tier 1 (AT1) and/or Tier II bonds. The approval is a continuation of the Board of Directors' earlier decision on May 8, 2026. The fundraising can be done in suitable tranches until March 31, 2027, and potentially beyond if deemed necessary. This move aims to strengthen the bank's capital base.

Key Highlights

  • Bank of Baroda to raise up to ₹6,000 crore.
  • Capital to be raised via AT1 and/or Tier II bonds.
  • Fundraising period extends to March 31, 2027, and beyond.
  • Board's prior approval for capital raising was obtained on May 8, 2026.