
Board Meeting24 Jul 2026, 05:01 pm
Bank of Baroda Enhances Overseas Funding Limits
AI Summary
Bank of Baroda's Board of Directors has approved an enhancement of the bank's resource raising limits for its overseas operations. The Medium Term Note (MTN) programme size will be retained at USD 4.00 billion, with a new sub-limit of USD 1.00 billion specifically for Green and ESG Bonds. Additionally, the limit for borrowings through various loan facilities, including syndicated and bilateral loans, has been increased from USD 5.00 billion to USD 10.00 billion. These decisions were made during a board meeting held on July 24, 2026.
Key Highlights
- Board approved enhanced overseas funding limits.
- MTN programme size retained at USD 4.00 billion.
- New USD 1.00 billion sub-limit for Green/ESG Bonds.
- Borrowing limit for loan facilities increased to USD 10.00 billion.
- Decisions made at board meeting on July 24, 2026.
Price Impact
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