MUMBAI, March 20 (Reuters) - India's Bank of Baroda plans to raise funds through a sale of certificates of
deposits maturing in three months, three merchant bankers said
on Monday.
The state-run lender will offer a yield of 7.30% on the
issue, for which it has received commitments worth around 10
billion Indian rupees ($121.18 million) so far, they said.
The notes are rated A1+ by Crisil.
($1 = 82.5240 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Shinjini Ganguli)
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