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A 100-year-old Indian bank set to raise $100 million amid curbs | Economic Times

A 100-year-old Indian bank set to raise $100 million amid curbs https://ift.tt/J4HzYyS demand to invest in the Tamil Nadu-based bank hasn’t been deterred by minority shareholders’ objections and various curbs imposed on it. The lender needs permission from a high court to hold annual shareholder meetings and has been restricted by the central bank from opening new locations.

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