Rastriya Banijya Bank mulls IPO--The state-owned bank seeks govt - TopicsExpress

Rastriya Banijya Bank mulls IPO--The state-owned bank seeks govt nod to float 30% of shares Rastriya Banijya Bank Ltd (RBBL) is lobbying with the government for initial public offering. The newly appointed board of directors (BoD) of the state-owned bank has submitted a 10-point proposal to the Ministry of Finance (MoF), which, among others, includes issuance of shares to general public. Out of 30 commercial banks of the country, RBBL is the only bank which is yet to go public. sharesansar/viewnews.php?id=23865&cat=news

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