The Board of Directors of Bank of Baroda is scheduled to meet on January 30, 2026, to consider and approve raising capital through the issuance of Long-Term Bonds. These funds are earmarked for financing infrastructure and affordable housing projects. This move signals the bank’s commitment to supporting key sectors of the economy and expanding its lending portfolio. The announcement was made on January 19, 2026.
Board Meeting for Capital Raising
Bank of Baroda has announced that a meeting of its Board of Directors is scheduled for January 30, 2026. A primary agenda item is the consideration and approval of raising capital through the issuance of Long-Term Bonds.
Purpose of Capital Raise
The funds generated from these Long-Term Bonds will be strategically allocated to finance infrastructure projects and affordable housing initiatives. This aligns with the bank’s objective to support critical sectors of the economy and contribute to national development. The specific amount to be raised will be determined during the board meeting.
Source: BSE
