Catholic Syrian Bank has hoped that banking industry in the country will be able to overcome problems of bad loans and credit squeeze and regain its past glory in a short time.
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NRI buys 5% stake in Dhanlaxmi Bank
In the Dhanlaxmi Bank, prominent non-resident Indian (NRI) businessman MA Yusuffali has acquired 4.99 per cent stake. He has also acquired close to five per cent stake each in Federal Bank and Catholic Syrian Bank (CSB) this year itself.