Equitas board approves merger of holding company with bank

ESFBL had, in July 10, clarified that the Reserve Bank of India (RBI) had permitted the Chennai-headquartered bank to apply to the banking regulator for the approval of its amalgamation scheme, which would facilitate the merger of promoter entity EHL with the bank.

from Banking & Finance – The Financial Express https://ift.tt/3f20gMl