Wednesday, November 21, 2012

Is Dhanlaxmi Bank up for sale?

......Jittery investors pressed the panic button anticipating that the Reserve Bank of India (RBI) might now proceed for a forced merger of the private sector lender (with a bigger bank), which had gone through a management change in February, 2012. Markets were agog with names likeAxis Bank and HDFC Bank as potential acquirers......

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