StockWatch
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Public Sector Bank
Board Meeting4 Aug 2026, 06:52 pm

Bank of Baroda to Meet on Aug 7 for AT1/Tier II Bond Issuance

AI Summary

Bank of Baroda has scheduled a Capital Raising Committee (CRC) meeting for August 7, 2026, at 11:00 AM. The meeting will decide on the issuance of Additional Tier 1 (AT1) and/or Tier II Bonds. This follows a previous board approval on May 8, 2026, to raise up to ₹6,000 Crore through such instruments, with the issuance planned in suitable tranches up to March 31, 2027, and potentially beyond. The bank aims to bolster its capital base through this debt issuance.

Key Highlights

  • Bank of Baroda to hold CRC meeting on August 7, 2026.
  • Meeting to decide on issuing AT1 and Tier II bonds.
  • Previous approval to raise up to ₹6,000 Crore.
  • Issuance planned in tranches until March 31, 2027, and beyond.