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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (10241)12/22/1999 9:58:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
IndusInd eyeing City Union Bank

indusind.com

Abhijit S.Basu (BL)

MUMBAI, Dec. 22

THE Hindujas-promoted IndusInd Bank is looking at the Kumbakonam-based City Union Bank for a possible acquisition. Top IndusInd officials did not deny the development, while adding that they were looking at other banks too. "A final decision is expected at the next board meeting scheduled for January 14," a senior bank official said.
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