HomeBusinessBank Of Baroda raises Rs 969 cr through bonds

Bank Of Baroda raises Rs 969 cr through bonds

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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.”

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“The coupon offered on the bonds is at 8.5 percent,” it added.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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