Bank of Baroda, one of the leading public sector lenders, witnessed a gain in share price on Thursday after the bank has decided to raise fund by way of private placement of AT-1 Bonds (Basel lll Compliant- Tier l) of Rs 10 billion with a green shoe option of additional Rs 5 billion, limiting the aggregate issue size up to Rs 15 billion.

Shares of the bank are trading at Rs 1,018.95, up Rs 7.1, or 0.70%  at the Bombay Stock Exchange (BSE) on Thursday at 11:11 a.m.

The scrip has touched an intra-day high of Rs 1,022.40 and low of Rs 1,010.75. The total volume of shares traded at the BSE is 19,702.