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BOI may dilute 5% govt stake : Chairman
Friday, October 05, 2007 in.reuters.com
(
Finance
)
The Bank of India chairman, T.S. Narayanasami said that the state-run bank was likely to tap the capital market to raise fresh equity and dilute 5 percent of the government's stake in the bank. Narayanasami also said that the bank expected loan growth of about 23 to 24 percent in the fiscal year ending in March 2008.
Tags :
Capital-Market
Equity
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