Bank of Baroda gets shareholders’ nod to raise Rs 6,000 cr

BoB gets shareholders’ nod to raise Rs. 6,000 cr.

Bank of Baroda has received shareholder approval to raise up to Rs. 6,000 crore by issuing equity shares through various modes, including QIP, rights issue or a follow on public offer, the bank said in a statement. The meeting was chaired by chairman Ravi Venkatesan in the presence of MD and CEO P.S. Jayakumar and other directors.PTI

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