Business Standard

Bank of Punjab in talks with Citi, NewBridge

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George Smith Alexander Mumbai
 Bank of Punjab is in talks with a few strategic investors, including NewBridge Capital and Citibank, for a possible placement of up to 49 per cent of its equity through the preferential route.

 Bank of Punjab Chairman Darshanjeet Singh, however, refused to reveal the entities the bank was in discussions with.

 

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First Published: Dec 09 2003 | 12:00 AM IST

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