Bank of Baroda - Outcome of Board Meeting - Fund Raising
Reference: Letter no BCC:ISD:118:16:354 dated July 17, 2026
Nature of Disclosure: Regulatory filing regarding outcome of Board of Directors meeting held on July 24, 2026, concerning enhancement of resource raising limits for the bank's overseas operations.
Board Meeting Details:
- Meeting date: July 24, 2026
- Commencement time: 10:30 AM
- Conclusion time: 4:30 PM
Key Decisions Approved:
Medium Term Note (MTN) Programme:
- Existing MTN programme size retained at USD 4.00 billion
- New sub-limit created: USD 1.00 billion specifically for Green and ESG (Environmental, Social and Governance) Bonds issuance
- Scope: For overseas operations including IFSC Banking Unit (IFSCBU)
Borrowing Limits Enhancement:
- Limit for borrowings through various loan facilities increased from USD 5.00 billion to USD 10.00 billion
- Facilities include: syndicated loans, bilateral loans, club deals, and other similar arrangements
Regulatory Context:
- Disclosure made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
- Requested to be uploaded on stock exchange website
Authentication:
- Digitally signed by S Balakumar, Company Secretary
- Signature date and time: July 24, 2026 at 16:53:15 +05:30