trending Market Intelligence /marketintelligence/en/news-insights/trending/f5vwAjBWnHBhvm2PK5xBvg2 content esgSubNav
In This List

Bank of Baroda to raise up to 12.85B rupees via bonds

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Bank of Baroda to raise up to 12.85B rupees via bonds

Bank of Baroda plans to raise up to 12.85 billion Indian rupees by issuing capital bonds in two tranches.

The bank said it would issue Tier 2 capital bonds with one tranche having a base issue size of up to 1 billion rupees and an overallotment option to retain oversubscription of up to 1.85 billion rupees and another tranche with a base issue size of up to 2.5 billion rupees with an option to oversubscribe up to 7.5 billion rupees.

As of Jan. 2, US$1 was equivalent to 70.05 Indian rupees.