PSU banks receive ₹610 Cr from JV liquidation
after close1 source ↓written by the desknot a recommendation
- from the liquidation
- ₹610 cr
- holds
- 40% stake
Three leading PSU banks have received approximately ₹610 cr from the liquidation of their joint venture, India International Bank Malaysia. Bank of Baroda holds a 40% stake, with proceeds distributed among the banks involved. This liquidation may impact their overseas sales and future international operations. 📉
Not investment advice. For informational purposes only.