Centurion Bank of Punjab (CBoP) bank talks with some major banks for merging.HDFC is strong player for buying CBoP.
In past Centurion Bank merge with Bank of Punjab.And now find big banks for merging.
Today stock surge 14% on this news.
Centurion Bank of Punjab's major shareholders include Bank of Muscat, HSBC Finance, Saber Capital. Bank of Muscat hold the maximum equity of 14 per cent in the bank.
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