BoB raises Rs 10,000 crore via green infra bonds
BoB raises Rs 10,000 crore via green infra bonds is drawing significant interest across the industry.
Bank of Baroda successfully raised ?10,000 crore through its inaugural 7-year green infra bond, priced at 7.10%. The issuance, aimed at financing renewable energy and energy-efficient projects, saw strong demand from domestic institutional investors. This marks a significant step for the public sector lender in sustainable financing.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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