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CBoP eyeing similar sized banks: Srcs

Published on Thu, Aug 23, 2007 at 12:40 |  Source : Moneycontrol.com

Updated at Thu, Aug 23, 2007 at 12:49  

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Centurion Bank of Punjab is looking to buy similar sized banks and is not averse to buying NBFC, reports NW18. The bank is waiting for the stock markets to stabilize before coming out with a qualified institutional placement, or QIP, issue, it said, adding that Bank Muscat wants to retain 20% stake.

 

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