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Bank of Baroda to take part in IPO of UTI AMC for sale of up to 1.04 crore shares

Bank of Baroda is going to take part in the proposed IPO of UTI Asset Management Company (AMC) by way of offer for sale of up to 1.04 crore shares. The Investment Committee of the Bank in its meeting has approved the participation of Bank of Baroda in the proposed initial public offering of equity shares of UTI Asset Management Company.

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.

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