India based Bank of Baroda on Wednesday said, “It has raised Rs 969 crore through issuance of bonds on private placement basis.”
In a filing with the exchange, Bank of Baroda said, “The bank has raised Rs 969 crore through Unsecured, Subordinated non-convertible fully paid Basel III compliant additional Tier I bonds.”
“The coupon offered on the bonds is at 8.5 percent,” it added.
