Business - Briefly   

Canara Bank amalgamates three RRBs in U.P.

BANGALORE: Three Uttar Pradesh-based regional rural banks (RRBs) sponsored by Canara Bank have been amalgamated into one bank under the name Shreyas Gramin Bank as per a government notification, a Canara Bank statement said here. The amalgamated three RRBs are Aligarh Gramin Bank, Etah Gramin Bank and Jamuna Gramin Bank. The Union Government will hold 50 per cent shares in the Shreyas Gramin Bank, while Canara Bank and the U.P. Government will hold 35 per cent and 15 per cent stake respectively.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Nissan signs pact with Suzuki
Petrochemicals sector to invite more FDI
Sensex recovers 380 points
NYSE to buy Euronext for $10 b in cash and stock
Dawnay, Day forays into hospitality sector
Rupee rallies smartly
Exchange rates
Hero Honda May sales up 34 p.c.
Accel Transmatic resumes dividend
`Banks not supplying transaction details to FIU'
Canara Bank amalgamates three RRBs in U.P.
Wockhardt gets FDA approval for clarithromycin
Raymond in joint venture with Belgian firm
Alok Industries allots shares against FCCBs
British Airways' exclusive check-in facility
Friends Globe launches loyalty card
Suryachakra files prospectus with SEBI
Big rise in IVRCL profit
Ras Infotech unveils data security tools
Agri-Biotech to be key focus at Bangalore Bio
ING Vysya Life names Kshitij Jain as MD & CEO
Ninth ITeS-BPO strategy summit
Freescale forms alliance with Wind River Systems
Inflation inches up
NLC's Orissa project
Punj Lloyd acquires Singapore-based co.
EU regulators clear Mittal's bid
Hero Honda gets excise relief

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu