Bank of Baroda board approves fund raising proposals

The Board of Directors of Bank of Baroda have considered and approved raising of foreign currency fund through issuance of Bonds upto USD 1.00 Billion under Bank's MTN programme and through issuance of Certificate of Deposits upto USD 3.00 Billion under CD programme in single or multiple tranches at appropriate time.

The Board of Directors have also considered and approved raising of funds through bilateral / other borrowings up to USD 3.00 Billion.

Shares of Bank of Baroda was last trading in BSE at Rs. 177.60 as compared to the previous close of Rs. 177.15. The total number of shares traded during the day was 583632 in over 3498 trades.

The stock hit an intraday high of Rs. 178.75 and intraday low of 176.30. The net turnover during the day was Rs. 103740201.00.

Source : Equity Bulls

Keywords

BankofBaroda INE028A01039 BOB FundRaising ForeignCurrencyFund Bonds