Home Tech Unique: PNB likely to consider regulate of 2-3 compact condition-operate financial institutions

Unique: PNB likely to consider regulate of 2-3 compact condition-operate financial institutions

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Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions


Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

© Reuters. FILE Image: A fowl flies earlier the logo of Punjab Nationwide Financial institution set up on the facade of its business office in Mumbai

Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

NEW DELHI (Reuters) – India’s Punjab Countrywide Bank could just take control of two-to-3 little condition-operate banking institutions, that could consist of Oriental Bank Of Commerce, Andhra Lender and Allahabad Bank, in accordance to two resources familiar with the problem.

Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

PNB could start the process of getting management of the financial institutions in the next 3 months, in accordance to the resources, who declined to be named.

Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

The Indian authorities is searching for to consolidate the nation’s debt-burdened condition banking sector.

Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

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Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

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Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions



Unique: PNB Likely To Consider Regulate Of 2-3 Compact Condition-operate Financial Institutions

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