Bank of Baroda raises Rs 1,997 crore via Basel III-compliant bonds
State-owned Bank of Baroda on Friday said it has raised Rs 1,997 crore by issuing Basel III-compliant bonds. The bank had come out with a Rs 2,000 crore issue of additional tier-I bonds on November 24.
The bank said it issued a total of 1,997 bonds of Rs 1 crore each under this issue to a total of 21 allottees. Image source: Reuters