BOB board approves merger of The Nainital Bank Ltd

Bank of Baroda (BOB) has announced that the Board of Directors of the Bank has accorded its "In- Principle Approval" for Merger of "The Nainital Bank Ltd" with the Bank which is subject to the further approvals / ratifications / formalities as may be needed in this regard as per RBI directives including the approval of Reserve Bank of India.

Source : Equity Bulls

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