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Bank of Baroda to raise Rs 10,000 crore via infra bonds As on : 19-Dec-24  11:12

These bonds will be issued in single or multiple tranches during FY 2024-25 and beyond if found feasible.

Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,266 branches and 10,419 ATMs and Cash Recyclers supported by self-service channels. The Bank has a significant international presence with a network of 84 overseas offices spanning 17 countries. As of 30 September 2024, Government of India held 63.97% stake in the bank.

The bank reported 23.16% jump in standalone net profit to Rs 5,237.93 crore on 10.65% increase in total income to Rs 35,444.70 crore in Q2 FY25 over Q2 FY24.

The scrip declined 0.80% to Rs 248.65 on the BSE.

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