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Finance Committee of Bank of Baroda approves issuance of AT-1 Capital Bonds

Capital Market 

On 12 July 2017

of Baroda announced that the Committee of the on 12 July 2017 has approved issuance of AT-1 Capital Bonds Compliant with Basel III Capital Regulations of the Reserve of India for minimum amount of Rs 500 crore with Green Shoe option, total issuance not exceeding Rs 3000 crore, in single or multiple tranches.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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