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ICICI Bank Board Approves Swap Deal For Bank of Rajasthan

shared by anonymous on 24 May 10 - Cached

anonymous on 24 May 10

In a bid to consolidate its position as India's largest private lender, the board of ICICI Bank Sunday approved the merger of the Bank of Rajasthan with itself in a swap deal valued at Rs.3,000 crore ($650 million) without any cash outgo.

<div class="cArrow"> </div><div class="cContentInner">In a bid to consolidate its position as India's largest private lender, the board of ICICI Bank Sunday approved the merger of the Bank of Rajasthan with itself in a swap deal valued at Rs.3,000 crore ($650 million) without any cash outgo.</div>

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