Bank Of Baroda has informed the Exchange about Outcome of Board Meeting- Capital Raising
BANKBARODA · price
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Bank of Baroda's Board has approved raising additional capital of up to Rs. 6,000 crore through Additional Tier 1 (AT1) and/or Tier II bonds. The bonds will be issued in suitable tranches with a deadline of 31 March 2027, and may extend beyond if required. The capital raise is subject to applicable statutory and regulatory approvals. The Board meeting lasted from 10:00 AM to 4:15 PM on 8 May 2026.
The capital raise through AT1/Tier II bonds will strengthen the bank's capital adequacy and support future lending and growth. This is a routine regulatory capital raising exercise for a PSU bank and is positive for the bank's balance sheet strength.