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Sikh News Punjab & Sind Bank may take private placement route to divest 20% (The Economic Times

Discussion in 'Breaking News' started by Sikh News Reporter, Jan 29, 2008.

  1. Sikh News Reporter

    Sikh News Reporter United States
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    SPNer Contributor Supporter

    Sep 20, 2004
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    Delhi based Punjab & Sind Bank is looking at raising fresh equity through the private placement route. If it goes through, P&S Bank will be the first government-owned bank to raise equity in such a manner before going public. The bank will go ahead with its IPO much later.

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