BOB to merge subsidiary BOBHFL with itself

New Delhi, Jul 11 (UNI) Bank of Baroda today said that a scheme of merger of the Bank of Baroda Housing Finance Ltd (BOBHFL), a wholly-owned subsidiary of the Bank, with itself, has been approved by the Board of Directors.

The approval which came on July 6, 2006, is subject to further approval, adoption or filing, as may be needed in due compliance of relevant laws or RBI's directives in this regard.

UNI RA DKS HT1957