![]() Financial Daily from THE HINDU group of publications Tuesday, Feb 15, 2005 |
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Money & Banking
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Public Offer Markets - Public Offer Bank of Baroda gets nod for public issue Our Bureau
Mumbai , Feb. 14 BANK of Baroda has received approval from the UnionGovernment for its second public issue of 7.1 crore equity shares. The shares will be priced at Rs 10 each with a premium. The bank's board will meet on February 25 to finalise the details , officials said. Post-issue, the Government's stake in the bank is expected to come down to 53.80 per cent from 66.83 per cent.
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