Bank of Baroda has announced the re-designation of two Key Managerial Personnel (KMP) effective January 20, 2026. The changes involve updated nomenclature for senior officers in risk management and compliance functions, with no alterations to their existing roles or responsibilities.

Re-designation Details

The bank's Competent Authority has approved the re-designation of two senior executives in key operational roles. Both officers will continue in their current capacities with enhanced titles that better reflect their group-level responsibilities.

Scope and Impact

The bank has specifically clarified that these re-designations are purely nomenclature changes. The updated titles do not involve any modifications to the incumbent roles, responsibilities, reporting structure, or scope of duties for either officer. Both executives will continue to operate within their existing frameworks while carrying enhanced designations that align with their group-level functions.

Regulatory Compliance

The re-designation announcement was made in compliance with Regulation 30 read with Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has informed both BSE and NSE about these changes as part of its disclosure obligations for Key Managerial Personnel updates.

The notification was signed by S Balakumar, Company Secretary, and communicated to the stock exchanges on January 20, 2026, ensuring timely compliance with regulatory requirements for corporate governance disclosures.

Bank of Baroda has announced that its Board of Directors will meet on January 30, 2026, to consider and approve the raising of long-term bonds for financing infrastructure and affordable housing projects. The meeting will be held at the bank's Corporate Office in Bandra Kurla Complex (BKC), Mumbai.

Meeting Details and Purpose

The board meeting has been specifically convened to deliberate on the issuance of long-term bonds that will be utilized for financing two key sectors of the economy. The proposed capital raising initiative demonstrates the bank's commitment to supporting infrastructure development and affordable housing projects across the country.

Regulatory Compliance

The bank has issued this notice in strict compliance with regulatory requirements under the Securities and Exchange Board of India (SEBI) framework. The announcement adheres to Regulation 29(2) and 50 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring transparency and proper disclosure to stakeholders.

Bank of Baroda has formally communicated this development to both major stock exchanges where its shares are listed. The notification was sent to BSE Limited (BSE Code: 532134) and the National Stock Exchange of India Limited (NSE Code: BANKBARODA), with both exchanges requested to upload the information on their respective websites.

Strategic Capital Initiative

The proposed long-term bond issuance represents a strategic capital raising exercise aimed at strengthening the bank's funding capabilities for specific sectors. By focusing on infrastructure and affordable housing financing, Bank of Baroda is positioning itself to support critical areas that contribute significantly to economic growth and social development.

The formal notice was signed by S Balakumar, Company Secretary, and digitally authenticated on January 19, 2026. This capital raising proposal, once approved by the board, will enhance the bank's capacity to extend credit facilities to infrastructure projects and affordable housing schemes, aligning with national development priorities.