Latest News | Bank of Baroda Raises Rs 1,000 Crore
Get latest articles and stories on Latest News at LatestLY. Bank of Baroda (BoB) on Wednesday said it has raised Rs 1,000 crore through issuance of bonds for financing infrastructure and affordable housing projects.
New Delhi, Aug 17 (PTI) Bank of Baroda (BoB) on Wednesday said it has raised Rs 1,000 crore through issuance of bonds for financing infrastructure and affordable housing projects.
The bonds, with a tenure of seven years, will offer a coupon rate of 7.39 per cent, it said in a regulatory filing.
Also Read | Samsung Galaxy Z Flip 4 & Galaxy Z Fold 4 Record Over 50k Pre-Bookings in Less Than 12 Hours.
Bonds were allotted to investors on Wednesday and the proceed would be utilised for financing infrastructure and affordable housing projects, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)