State-owned Bank of Baroda on Friday said it has raised Rs 920 crore by issuing Basel III-compliant bonds on private placement basis.
The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, the bank said in a BSE filing.
A total of 9,200 bonds, aggregating to Rs 920 crore, were issued.
The lender has issued and allotted unsecured rated listed subordinated non-convertible fully paid up redeemable Basel III compliant tier II bonds on private placement basis, it added.