Bank of Baroda Raises ₹10,000 Crore via Green Bonds; Sidbi Withdraws Bond Issue

Bank of Baroda successfully raised ₹10,000 crore through a seven-year green infrastructure bond, the first such issuance by an Indian public sector bank, aimed at financing renewable energy and energy-efficient projects. The bonds, rated AAA, attracted strong demand from long-term institutional investors and were priced at 7.10%. In contrast, the Small Industries Development Bank of India (Sidbi) withdrew its ₹8,000 crore three-year bond issue due to bids with yields higher than expected amid global market uncertainties.