Sikh News UBI, Punjab & Sind May Buy Stake In Sidbi Arm (Business Standard India)

[Sikh News Reporter]

Public sector lenders Punjab & Sind Bank (PSB) and United Bank of India (UBI) are likely to pick up a stake in development financial institution Small Industries Development Bank of India’s (Sidbi) proposed asset reconstruction company (ARC) for loans to the small and medium enterprises (SME) sector.

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