Board of Bank of Baroda approves capital raising up to Rs 2500 cr in FY23

15 May 2022 , 01:33 AM

The Board of Bank of Baroda at its meeting held on 13 May 2022 has approved raising of additional capital up to Rs 2500 crore by way of Additional Tier I AT I or Tier II Debt Capital Instruments with an interchangeability option issued in Indiaoverseas in suitable tranches up to 31 May 2023 This will be subject to applicable statutory regulatory approvals