Bank of Baroda (BoB) has raised Rs 5 billion through issue and allotment of the bonds. The bank has allotted 8.60% - BASEL III Compliant AT I Bonds -Series VIII (Unsecured, Perpetual). The bank has issued 5,000 bonds of face value of Rs 10 lakh each. The issues opened on August 1, 2017 and closed on the same day.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Shares of the bank gained Rs 1.05, or 0.64%, to trade at Rs 164.20. The total volume of shares traded was 193,462 at the BSE (11.36 a.m., Wednesday).