Bank of Baroda’s credit card arm to raise equity capital

Bank of Baroda’s credit card arm to raise equity capital

A man walks past the Bank of Baroda headquarters in Mumbai, India, May 3, 2016. REUTERS/Danish Siddiqui/File Photo

Bobcards Ltd, a Bank of Baroda Ltd subsidiary that deals in credit cards, is seeking to appoint investment banks to explore raising equity capital and other strategic options, according to a request for proposals on the company’s website.

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