At meeting held on 24 April 2020
The Board of Directors of Bank of Baroda at its meeting held on 24 April 2020 has approved raising of additional capital fund up to Rs. 13,500 crore upto 31 March 2021 and beyond if found expedient, comprising of Rs. 9,000 crore by way of Common Equity Capital by various modes including QIP, etc. in suitable stages and Rs. 4,500 crore by way of Additional Tier I / Tier II capital instruments with an inter-changeability option, issued in India / overseas in suitable tranches. This will be subject to applicable statutory / regulatory approvals.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app