Tayals Plan To Scale Up Holding In Bharat Overseas Bank
The Tayals, the promoters of Bank of Rajasthan (BOR), have offered to invest in Bharat Overseas Bank and increase their shareholding to the level of that of principal promoter.
At the last board meeting of Bharat Overseas Bank, Tayals made their offer to the six other promoter banks.
They have explained that they would like to extend their banking business beyond north India through acquisition of a southern Indian bank and that Bharat Overseas