In a first, BoB raises Rs 10,000 crore from green infra bonds
Bank of Baroda has successfully raised ten thousand crore rupees through its Series I green infrastructure bonds. This marks a significant milestone as the first bank in India to issue domestic green bonds. The seven-year bond attracted substantial investor interest, exceeding expectations. These funds will now support India’s infrastructure development and its transition to a greener future.🕒 1 min read
Bank of Baroda has successfully raised ten thousand crore rupees through its Series I green infrastructure bonds. This marks a significant milestone as the first bank in India to issue domestic green bonds. The seven-year bond attracted substantial investor interest, exceeding expectations. These funds will now support India’s infrastructure development and its transition to a greener future.
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