Business Standard

Tuesday, December 24, 2024 | 11:25 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bank of Baroda gets capital infusion of Rs 5042 cr from GoI

Image

Capital Market
Bank of Baroda announced that Ministry of Finance, Government of India vide its notification dated 27 March 2019 has conveyed its decision to infuse capital of Rs. 5,042 crore in Bank of Baroda. The Capital infusion will be by way of preferential allotment of equity shares (Special Securities / Bonds) of the Bank during FY2018-19, as Government's investment.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 28 2019 | 3:02 PM IST

Explore News