Merger with Indian Bank to see higher geographical synergies, says Allahabad Bank

CNBC-TV18 2019-09-03

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The presence of Allahabad bank in northern parts of the country is high while that of Indian bank is less, while in southern parts their presence is higher and ours is less, so geographical synergies for the merged entity are huge, said SS Mallikarjuna Rao, MD & CEO, Allahabad Bank.

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