RBI sanctions amalgamation of Lord Krishna Bank

Mumbai, Aug 27 (UNI) The Reserve Bank of India (RBI) today sanctioned the Scheme of amalgamation of Lord Krishna Bank Ltd with Centurion Bank of Punjab Ltd.

The Scheme will come into effect from August 29.

All the branches of Lord Krishna Bank Ltd will function as branches of Centurion Bank of Punjab Ltd from that day.

UNI