BOB pays Rs 95 cr as interest on Basel-III bonds

Mumbai headquartered Bank of Baroda has timely paid over Rs 95 crore as interestto the beneficiaries of its additional tier-I Basel-III compliant bonds issue of Rs 1,000 crore.

• Interest was paid at 48%, including two days of additional interest.
• The payment was done through RTGS or NEFT to 75 beneficiaries.

Keys Bank of Baroda:

• CEO – P. S. Jayakumar
• Tagline – India’s International Bank