Bank of Baroda — Board Meeting, 13-02-2025: Outcome of Board Meeting

The Board of Directors of Bank of Baroda has approved raising up to ₹8,500 Cr in common equity capital through various means, including Qualified Institutions Placement (QIP), with a timeline extending to March 2028. Additionally, they have authorized an extension until March 31, 2026, for the remaining capital of ₹4,000 Cr as part of the earlier plan for ₹7,500 Cr approved in July 2024. This move aims to strengthen the bank's capital position and support future growth initiatives.