Kerala-based Catholic Syrian Bank (CSB) has received shareholders’ nod for Initial Public offering (IPO). The bank is currently in the process of raising capital through the preferential allotment basis subject to the regulatory approvals, S Santhanakrishnan, the chairman of the bank said and added IPO would follows soon.
Canara Bank starts 3 lead offices in NCR
Following RBI’s move to bring all districts in metropolitan areas under the lead bank scheme to expedite financial inclusion among poor cities, Canara Bank has started three lead bank offices in the national capital. CMD RK Dubey on Saturday inaugurated three lead bank offices of the bank in New Delhi.