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Syndicate Bank 2nd public issue

Our Bureau

BANGALORE: Syndicate Bank's second public issue is targeted to open for subscription in the first week of July after it received the approval of the regulator, the Securities and Exchange Board of India.

The bank proposed to issue 50 million equity shares of Rs 10 each for cash at a premium. The entire issue is to be made through the book building process, according to a bank release.

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