Promoters will inject Rs 170 million into Sunrise Bank, the 23rd commercial bank. This was decided by the bank's first annual general meeting. The bank posted an operating profit of Rs 24 million in the first quarter of the current fical year. The bank will also go public within a month, the AGM decided. The bank collected Rs 6.60 billion.
Source: THT
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Wednesday, October 29, 2008
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