Bank of Baroda announced that CRISIL Ratings has assigned its `CRISIL AAA/Stable` rating to the Rs 10,000 crore infrastructure bonds of Bank of Baroda (BoB) and has reaffirmed its rating on the bank`s existing debt instruments at `CRISIL AAA/CRISIL AA+*/Stable`.* Tier I BondsPowered by Capital Market - Live News

Bank of Baroda announced that India Ratings & Research has assigned Bank of Baroda`s Infrastructure and Affordable Housing Bonds `IND AAA`/Stable. Further, the rating agency has affirmed the Bank`s existing ratings. Powered by Capital Market - Live News

Net profit of Bank of Baroda rose 6.19% to Rs 4727.81 crore in the quarter ended June 2024 as against Rs 4452.10 crore during the previous quarter ended June 2023. Total Operating Income rose 11.21% to Rs 31143.01 crore in the quarter ended June 2024 as against Rs 28002.54 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income31143.0128002.54 11 OPM %65.0760.57 - PBDT6339.536217.49 2 PBT6339.536217.49 2 NP4727.814452.10 6 Powered by Capital Market - Live News

Bank of Baroda will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live News

The board of Bank of Baroda at its meeting held on 05 July 2024 has approved raising of additional capital up to Rs.7,500 crore by way of Additional Tier 1 (AT 1) or Tier II Debt Capital Instruments with an interchangeability option in India/overseas, in suitable tranches upto 31 March 2025 and beyond if found expedient.Powered by Capital Market - Live News