Meeting of capital raising committee of Bank of Baroda is scheduled to be held on 22 August to discuss the raising of Basel III compliant bonds within the board approved limit of Rs 2,500 crore.
Bank of Baroda is considering raising debt capital up to Rs 2,500 crore through bonds.
"Meeting of capital raising committee of our bank is scheduled to be held on August 22, 2022 to discuss the raising of Basel III compliant bonds within the board approved limit of Rs 2,500 crore," the bank said in a regulatory filing.
Bank of Baroda recently hiked lending rates across various tenures by 5 to 20 basis points.
This followed the Reserve Bank of India raising the repo rate by 50 basis points to 5.40% in order to tame inflation.
