Bank of Baroda has received approval from Board of Directors for divestment of its majority shareholding in the Nainital Bank (NBL), and authorized issuance of an advertisement inviting Expressions of Interest (EOI), through a Preliminary Information Memorandum (PIM), from interested parties (IPs). Bank of Baroda currently holds 98.57% of the total equity share capital of NBL.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.