Bank Of Rajasthan To Combine With ICICI Bank

The officers of the Bank of Rajasthan have decided to combine with the Bank, the country's largest private sector bank, ICICI Bank.

Council regulation on the stock exchange announced it had received a communication Sanjay Kumar Tayal, the director and a leader board meeting convened on May 18 when they entered into an agreement with ICICI Bank proposes unification. ICICI Bank board meets as tonight.

ICICI Bank has learned have shown it is willing to pay more value to the Council's regulatory market today. ICICI Bank scrip closed today 889.35in R Bombay Stock Exchange, down 1.45% and certificates of Regulatory Council has increased significantly RS 19.95% 99.5.

According to banking circles, Tayal, who bought the Regulatory Board ten years ago, is under pressure to sell the old private bank, which is struggling to SEBI and RBI guidelines. sebi March forbidden 100 entities allegedly holding shares on behalf of the Council of promoters regulating all the activities of stock markets.

Just in the past, RBI had slapped a fine of R 25 lakh is a string of bank abuses, such as the withdrawal of bank records information system in real estate transactions and accounts intermittent failure groups.