Bank of Baroda board approves to raise Rs. 2500 cr

The Bank of Baroda shares are up today by 2.20% holding Rs 225; opening at 221.90; High 225.05.

Bank of Baroda board approves to raise Rs. 2500 cr

New Delhi: India's Public Bank has approved the raising of tranche I of Basel III compliant Tier II bonds with a base issue size of Rs. 1000 crore with a greenshoe option to retain oversubscription up to Rs.1500 crore, totalling Rs. 2500 crore (Maturity of 10 years with a call of option at the end of 5 years), the company mentioned in its BSE filling today.
 

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The Bank of Baroda shares are up today by 2.20% holding Rs 225; opening at 221.90; High 225.05; Low 218.65; Mkt cap    
1.16LCr; 52-wk high 225.05; 52-wk low 146.50

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