Current Affairs - Banking - Discussion

Bank of Baroda successfully raised ₹10,000 crore through its first-ever green infrastructure bonds issuance, marking one of the largest such issuances by an Indian public sector bank. The bonds were issued on March 6, 2026, in two tranches of ₹5,000 crore each with maturities of seven years and ten years, carrying coupon rates of 7.74% and 7.85% respectively. The bonds were listed on the BSE and NSE and received AAA (stable) ratings from CRISIL, ICRA, and India Ratings, indicating strong creditworthiness. The funds raised will be used exclusively for green and sustainable infrastructure projects such as renewable energy, energy efficiency, clean transportation, green buildings, pollution control, and climate change adaptation initiatives.