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Monday, December 6, 2010

Indian Bank is planning to come up with a Follow-on Public Offer (FPO), which may hit the streets in the near future. Currently, the majority of the stake, about 80% is held by the Government, which is expected to come down to about 9% post the Follow-on Public Offer

Indian Bank is a premier bank owned by the Government of India, which was established on 15th August 1907 as part of the Swadeshi movement

Check back Indian IPO Blog regularly for more updates on Indian Bank FPO!

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