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Sikh News UBI, Punjab & Sind may buy stake in Sidbi arm (Business Standard India)

Discussion in 'Breaking News' started by Sikh News Reporter, Nov 22, 2007.

  1. Sikh News Reporter

    Sikh News Reporter United States
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    SPNer Contributor Supporter

    Sep 20, 2004
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    Public sector lenders Punjab & Sind Bank (PSB) and United Bank of India (UBI) are likely to pick up a stake in development financial institution Small Industries Development Bank of India’s (Sidbi) proposed asset reconstruction company (ARC) for loans to the small and medium enterprises (SME) sector.

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