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Sunday, March 11, 2001

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BoM, ICICI Bank merger comes into effect

By Our Special Correspondent

MUMBAI, MARCH 10. The Reserve Bank of India has sanctioned the scheme of amalgamation of Bank of Madura with ICICI Bank. The scheme will come into force with effect from March 10.

According to an RBI release, from March 10 all the branches and offices of Bank of Madura will function as branches and offices of ICICI Bank.

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