Bank of Baroda to Discuss Fund Raising Plans on November 18

The Bank of Baroda has arranged a session of the Capital Raising Committee slated for November 18, 2023. The primary agenda of this meeting is to deliberate and conclude the issuance of Tier I and Tier II debt capital instruments, along with long-term bonds. These financial instruments are intended for the purpose of funding infrastructure projects and affordable housing, aligning with the pre-approved capital raising plan sanctioned by the board.

In a filing made to the exchange on November 15, BOB stated, “In accordance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, kindly take note of the information provided above and ensure its publication on your website.”