EconomySaturday, 7 March 2026·The Hindu
Bank of Baroda raises ₹10,000 crore through green infrastructure bonds in March 2026
Bank of Baroda issued ₹10,000 crore green infrastructure bonds on 6 March 2026 to fund eligible green and sustainable projects.
Key highlights
Direct fact
On 6 March 2026, Bank of Baroda raised ₹10,000 crore through its maiden green infrastructure bonds, making it one of the largest such issuances by an Indian PSU bank.
Key specifics
- The issue was split into two tranches of ₹5,000 crore each.
- Tranche 1 had a 7-year maturity with a 7.74% coupon rate.
- Tranche 2 had a 10-year maturity with a 7.85% coupon rate.
- The bonds were listed on BSE and NSE and rated AAA (stable) by CRISIL, ICRA and India Ratings.
- Proceeds are earmarked for renewable energy, energy efficiency, clean transportation, green buildings and climate adaptation projects.
Exam lens
Question type: banking and economy facts; Bank of Baroda, ₹10,000 crore, 7.74%, 7.85%, BSE/NSE, March 2026. TNPSC may ask the purpose of green bonds and the issuing PSU bank.