ICICI Ltd - (Nyse: IC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : ICICI Ltd - (Nyse: IC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mohan Marette who wrote (4)	12/16/1999 7:55:00 PM
From: Mohan Marette	Read Replies (1) of 494

ICICI Bank eyes Bank of Punjab Tamal Bandyopadhyay - Mumbai, December 16: ICICI Bank has set its sights on Bank of Punjab Ltd,which has the largest retail customer base among the new generation private sector banks. According to industry sources, ICICI Bank has already made the"first move" even though no formal discussion has yet taken place in this regard. Contacted in Calcutta, ICICI Bank managing director and CEO HN Sinor said: "We are exploring all possibilities...but nothing specific has firmed up yet." ICICI Ltd spokesperson Kalpana Morparia refused to comment on theissue. According to banking analysts, ICICI Bank's plans to take over or merge Bankof Punjab makes sense as it is in line with its overall retail thrust. Bank of Punjab, which completed four years of operations in March 1999, has a network of over 50 branches and extension counters and a customer base offour lakh. Having built its presence in north India, the bank has been trying to extend its presence in the southern and eastern parts of the country....... financialexpress.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next