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Board of Bank of Baroda to consider capital raising options for FY25

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On 25 April 2024

The Board of Bank of Baroda will meet on 25 April 2024 to consider the proposal of raising Capital for the FY 2024-25 aggregating upto Rs 7,500 Crore through Follow-on Public offer (FPO)/Rights issue/ Qualified Institutional Placement (QIP) / Preferential issue / ESPS or any other mode or combination of thereof and /orthrough issue of BASEL III compliant Tier I & Tier II Capital Bonds or such other securities as may be permitted under the applicable laws subject to necessary approvals.

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First Published: Apr 18 2024 | 5:23 PM IST

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