One
of the richest Indians in the Gulf is knocking on the doors of the
Reserve Bank of India (RBI) to buy a minority stake in
Thrissur-headquartered Catholic Syrian Bank (CSB).
Kerala-born
Yusuffali MA, who heads the $5.5-billion LuLu group that owns the
eponymous hypermarket chain in the Middle-East, has sought the central
bank's permission to purchase 4.99 per cent equity in the old private
lender from Sura Chanrichawla - the Bangkok-based businessman who
controls the single largest bloc of shares in the unlisted bank.
Kerala-born
Yusuffali MA, who heads the $5.5-billion LuLu group that owns the
eponymous hypermarket chain in the Middle-East, has sought the central
bank's permission to purchase 4.99 per cent equity in the old private
lender from Sura Chanrichawla - the Bangkok-based businessman who
controls the single largest bloc of shares in the unlisted bank.
Sandip Ginodia
We deal in over 60 unlisted companies with 15 years of
expeirence . For latest prices visit :www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .
Email : ginodiasandip1@gmail.com
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more info and regular updates about unlisted shares and the stock market :
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