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₹13,500 crore in FY21

India city Mumbai covid-19 Government crisis
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MUMBAI: Public-sector lender Bank of Baroda on Friday said it has received board approval to raise up to ₹13,500 crore in additional capital for the financial year 2021.

In a notification to the stock exchanges, the bank said it had "considered and approved raising of additional capital fund up to Rs.

13,500 crore up to 31 March, 2021 and beyond if found expedient, comprising ₹9,000 crore by way of common equity capital by various modes including QIP, etc.

in suitable stages and ₹4,500 crore by way of additional tier 1/ tier II capital instruments with an inter-changeability option, issued in India/overseas in suitable tranches." QIP stands for qualified institutional placement.

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United States
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Deaths: 750 423
Recovered: 0
India
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Brazil
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Deaths: 608 235
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United Kingdom
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Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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