Stock to watch, Feb. 13 -- Bank of Baroda (BoB) shares will be in focus during Friday deals as the state-owned bank has declared raising of funds up to Rs.8,500 crore. The board of directors of the PSU Bank considered and approved the fundraising proposal during its meeting on Thursday, 13 February 2025. The PSU bank would raise these funds by issuing fresh shares, including QIP.

The PSU bank informed the Indian stock market exchanges about the development, saying, "We refer to our letter no. BCC:ISD:117:16:53 dated 03.02.2025 and advise that the Board of Directors of our Bank in its meeting held today i.e. 13.02.2025 has approved raising of capital up to Rs.8500 crores by way of common equity capital by various modes including QIP in su...