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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.
Government to infuse Rs 5,042 crore into Bank of Baroda

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