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BoB raises Rs 969 crore from bonds

New Delhi, Jan 13 (PTI) State-run Bank of Baroda (BoB) on Wednesday said it has raised over Rs 969 crore through a private placement of bonds.

The fund raised through Unsecured Subordinated Non-Convertible fully paid up Basel III Compliant Additional Tier I Bonds, BoB said in a regulatory filing.

The coupon offered on the bond is 8.15 per cent. PTI DP SHW SHW