Bank of Baroda will consider raising funds through Long Term Bonds to finance Infrastructure and Affordable Housing, including Green Infrastructure Bonds. This proposal will be discussed at an upcoming Board Meeting scheduled for January 30, 2026. This announcement is an addendum to an earlier intimation regarding Fund Raising. The contents of that earlier intimation remain unchanged.
Proposed Fund Raising
Bank of Baroda has announced plans to consider raising funds through the issuance of Long Term Bonds. The intended purpose of these funds is to support financing for Infrastructure and Affordable Housing projects, with a potential allocation towards Long Term Green Infrastructure Bonds.
Board Meeting Details
The proposal to raise funds will be formally considered during an upcoming Board Meeting scheduled for January 30, 2026. This meeting will address the specifics of the bond issuance and its alignment with the bank’s strategic objectives.
Addendum to Previous Announcement
This announcement serves as an addendum to a prior intimation regarding Fund Raising. It clarifies the bank’s intentions to explore Long Term Bonds as a mechanism for securing capital for key initiatives. The earlier announcement remains unaffected, save for this clarification.
Source: BSE