Bank of Baroda Board Approves ₹15,000 Crore Fund Raise via Long-Term Bonds

Mumbai: State-owned Bank of Baroda (BoB) on Friday announced that its Board of Directors has approved a proposal to raise funds of up to ₹15,000 crore through the issuance of long-term bonds, including infrastructure, affordable housing, and green infrastructure bonds.

The decision was taken at the board meeting held on January 30, 2026, the bank informed stock exchanges in a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Fund Raising Plan

According to the disclosure, the bank has approved the issuance of long-term bonds aggregating up to ₹10,000 crore, in addition to ₹5,000 crore remaining from a previous approval. This brings the total fund-raising capacity to ₹15,000 crore.

The bonds may be issued in single or multiple tranches during FY 2025–26 and beyond, subject to market conditions and feasibility.

Use of Proceeds

The funds raised will be utilised for:

• Infrastructure financing

• Affordable housing

• Long-term green infrastructure projects

The move aligns with the bank’s focus on supporting sustainable development and meeting long-term financing requirements.

Board Meeting Details

The board meeting commenced at 10:30 a.m. and concluded at 4:30 p.m. on Friday.

Regulatory Disclosure

The disclosure has been submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

• BSE Code: 532134

• NSE Symbol: BANKBARODA

The filing was signed by S. Balakumar, Company Secretary, Bank of Baroda.

Market Perspective

Fund raising through long-term and green bonds is a common capital-planning strategy for public sector banks and is generally viewed as a positive step to strengthen long-term lending capacity without immediate equity dilution.