Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

Bank of Baroda Mobilises INR 10,000 Crore Through Seven-Year Green Infrastructure Bonds

Bank of Baroda has successfully raised INR 10,000 crore by issuing long-term green infrastructure bonds carrying a coupon rate of 7.10 percent. The bonds were fully subscribed through the Electronic Book Provider (EBP) platform of the National Stock Exchange of India.

According to a regulatory filing, the bank allotted senior, rated, listed, unsecured, redeemable, and non-convertible debentures as part of this bond issuance. Under Series I, a total of 10,00,000 bonds were issued, each with a face value of INR 1 lakh. The bonds have a maturity period of seven years and were offered through the National Stock Exchange of India’s electronic book platform.

The bond issue included a base size of INR 5,000 crore along with a greenshoe option of another INR 5,000 crore. Both portions of the issue received full subscription, indicating strong investor interest in the offering.

The issue opened and closed on March 4, 2026, on the NSE’s Electronic Book Provider platform, and the allotment of the bonds was finalized on March 5, 2026. A total of 15 investors participated in the subscription process.

This fundraising initiative is part of Bank of Baroda’s broader green financing strategy aimed at supporting infrastructure projects that contribute to sustainable and climate-focused development.