Bank of Baroda Secures Rs 10,000 Crore Through Green Infrastructure Bonds

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BoB Makes History: Raises Rs 10,000 Cr via Green Bonds, First in India

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News18•05-03-2026, 18:15

BoB Makes History: Raises Rs 10,000 Cr via Green Bonds, First in India

•Bank of Baroda (BoB) raised Rs 10,000 crore through long-term green infrastructure bonds.
•BoB becomes the first bank in India to issue such an instrument domestically.
•The issue garnered overwhelming investor demand, receiving bids totaling Rs 16,415 crore, over three times the base size.
•Secured a competitive cut-off coupon of 7.10 percent despite current market volatility.
•Proceeds will fund eligible green projects like renewable energy and environmentally sustainable infrastructure.

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