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BoM declines joint venture

BoM declined its collaboration with Sriram Financial Services Holding Pvt Ltd. And Sanlam Ltd South Africa for general insurance.

Apnainsurance.com Research Bureau

10 Sep 2008

Bank of Maharashtra declined its collaboration with Sriram Financial Services Holding Pvt Ltd. And Sanlam Ltd South Africa for their foray into the general insurance sector.

The bank crossed out the option of this venture as the terms of the joint venture were not liaising with the requirements of the bank.



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