Bank of Baroda Approves Up To Rs 6,000 Crore Capital Raise Via Bonds
Bank of Baroda has authorized raising additional capital up to Rs 6,000 crore through the issuance of bonds. This decision comes following a meeting of the bank's Capital Raising Committee held on August 7, 2026.The committee approval extends the capacity for this capital raise by way of Additional Tier 1 (AT1) and/or Tier II bonds. The raised funds are intended to be secured through suitable tranches and could be issued up to March 31, 2027, or beyond if deemed expedient.
This resolution follows a prior approval granted for the capital raising by the Bank's Board of Directors in a meeting held on May 8, 2026. The action taken by the Capital Raising Committee aims to meet organizational strengthening needs through structured bond issuance.
BANKBARODA Stock Price Movement
As of 12:42 PM, shares of Bank of Baroda are slipping by 0.60% in live trading, dropping to ₹249.50 after shedding ₹1.50. The stock maintains active momentum, recording a volume of 3.44 million shares during the current market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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