Business Standard

Board of Canara Bank approves share exchange ratio for merger with Syndicate Bank

Image

Capital Market
The Board of Canara Bank at its meeting held on 05 March 2020 has approved the following for amalgamation of Syndicate Bank into Canara Bank -

Share Exchange Ratio, subject to applicable statutory/ regulatory approvals:
158 equity shares of Rs. 10/ - each of Canara Bank for every 1000 equity shares of Rs.10/ - each of Syndicate Bank

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 05 2020 | 7:07 PM IST

Explore News