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Indian Economy: Growth -3
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#212
03-25-2008, 08:05 PM
<b>State Bank of India buys 91 pct in factoring firm</b>
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Mar 25 2008

MUMBAI (Reuters) - Government-run State Bank of India said on Tuesday it had completed an acquisition of 91 percent in an Indian factoring services company for 5.2 billion rupees.

The stake in Global Trade Finance Ltd was purchased from financial firms such as International Finance Corp (IFC) and others, State Bank, India's top lender, said in a statement.

It had signed an agreement in January with IFC, Export-Import Bank of India and Malta-based FIM Bank to buy the stake, it said.
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Indian Economy: Growth -3 - by Hauma Hamiddha - 08-14-2003, 03:07 AM
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Indian Economy: Growth -3 - by ravish - 12-30-2011, 08:52 PM
Indian Economy: Growth -3 - by rhytha - 02-18-2012, 06:05 PM
Indian Economy: Growth -3 - by Guest - 02-18-2012, 10:15 PM
Indian Economy: Growth -3 - by Guest - 02-18-2012, 10:20 PM
Indian Economy: Growth -3 - by Guest - 04-25-2012, 07:44 PM
Indian Economy: Growth -3 - by osman - 04-30-2012, 03:52 PM
Indian Economy: Growth -3 - by Guest - 05-15-2012, 05:32 PM
Indian Economy: Growth -3 - by Guest - 06-10-2012, 04:59 AM
Indian Economy: Growth -3 - by priyarawat229 - 07-07-2012, 11:18 AM
Indian Economy: Growth -3 - by ramana - 01-22-2014, 05:07 AM

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