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Wednesday, Aug 18, 2004
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 Money & Banking - Public Sector Banks


Correction

With reference to the news report on Bank of Maharashtra that appeared in these columns on Tuesday (Aug. 17), in paragraph six, what the Chairman and Managing Director of the bank, Mr S.C. Basu, actually stated was "Individuals are not important at this stage. What is important is to find out what happened and tackle the issue. The CBI raid does not mean that our officials are guilty unless proved to be so... ''

The error in the published version is regretted.

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