Government to infuse Rs 5,042 crore into Bank of Baroda
Updated : March 28, 2019 12:06 PM IST
"The capital infusion will be by way of preferential allotment of equity shares (special securities/bonds) of the bank during FY2018-19, as government's investment," it said.
According to the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held.
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