MUMBAI, March 21 (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 Tuesday.
The state-run lender will offer a yield of 7.20% on the
issue, for which it has received commitments worth around 25
billion rupees ($302.5 million) so far, they said.
The notes are rated A1+ by Crisil and will mature on June
23.
($1 = 82.6370 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
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