Bank of Baroda — Important, 16-01-2025: Updates

Bank has issued and allotted 7.23% senior rated, listed, unsecured redeemable non-convertible bonds, under the LTB Series VI. The total issue size is ₹5000 Crore, with 500,000 bonds available at a face value of ₹1 lakh each. The bond issue opened and closed on the same day on the BSE EBP platform, with 16 allottees confirmed. This move may enhance the bank's liquidity and support its funding requirements. Investors should watch this development closely as it signifies the bank's continuing strategy to bolster its capital base.