Latest News | BoB Raises Rs 969 Crore from Bonds
Get latest articles and stories on Latest News at LatestLY. State-run Bank of Baroda (BoB) on Wednesday said it has raised over Rs 969 crore through a private placement of bonds.
New Delhi, Jan 13 (PTI) State-run Bank of Baroda (BoB) on Wednesday said it has raised over Rs 969 crore through a private placement of bonds.
The fund raised through Unsecured Subordinated Non-Convertible fully paid up Basel III Compliant Additional Tier I Bonds, BoB said in a regulatory filing.
The coupon offered on the bond is 8.15 per cent.
(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)