trending Market Intelligence /marketintelligence/en/news-insights/trending/f5vwAjBWnHBhvm2PK5xBvg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

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

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


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.