Monday, March 22, 2010

GDBL floats its shares

Gaurishankar Development Bank, Kawasoti, has floated 600,000 units of ordinary shares with a face value of Rs 100 per unit for the public from Monday.
Based in Kawasoti, the bank was established over five years ago as a B-class financial institution. It is more focused on rural areas. It has Ace Development Bank as its issue manager.

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