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Corporation Bank might submit EOI for United Western Bank, board to decide on Thursday



Posted On : 2006-09-06 03:16:46( TIMEZONE : IST )

Corporation Bank might submit EOI for United Western Bank, board to decide on Thursday

Corporation Bank has announced that a meeting of the Board of Directors of the Bank will be held on September 07, 2006, to consider amongst others, to discuss opportunities for submitting Expression of Interest to Reserve Bank of India for taking over The United Western Bank Ltd, which is placed under moratorium, subject to regulatory, statutory and other approvals.

Source : Equity Bulls

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