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CanBank to sell AMC stake, eyeing buyouts

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Press Trust of India New Delhi
 "If there is an opportunity, the bank would definitely look forward to it... In terms of consolidation, as and when it happens, definitely Canara Bank would be one of candidates for certain opportunities," M B N Rao, CMD, Canara Bank said.

He said the bank, which has 73% government holding, could consider acquiring a bank having government stake of about 51%.

 

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First Published: Mar 19 2007 | 1:05 PM IST

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