Bank of Baroda gains nearly 2% on Rs 1,000 crore capital raising plans

Money Control | Sep 18, 2019 at 1:43 PM
  • Share price of Bank of Baroda added nearly 2 percent intraday on September 18 after the board approved the capital raising plans of the company.
  • The capital raising committee of the bank has approved issuance of Basel III Compliant Tier II Capital Bonds for aggregate total issue size not exceeding Rs 1000 crore.
  • At 1250 hrs, Bank Of Baroda was quoting at Rs 96.40, up Rs 1.25, or 1.31 percent on the BSE.