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The Centurion Bank of Punjab (formerly Centurion Bank and Bank of Punjab) was an Indian private sector bank that provided retail and corporate banking services. It operated on a strong nationwide franchise of 403 branches and had over 5,000 employees.
The Centurion Bank of Punjab (formerly Centurion Bank) is an Indian private sector bank that provides retail and corporate banking services.
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Sep 22, 2023 · HDFC Bank approved the acquisition of Centurion Bank of Punjab for $2.4 billion, becoming one of the largest mergers in the financial sector in India. Recently, HDFC Ltd. (a mortgage lender) merged with HDFC Bank with the aim of rebranding itself.
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Feb 21, 2008 · HDFC Bank will take over Centurion Bank of Punjab (CBoP) in an all-stock deal. The respective bank boards are likely to meet on Saturday to consider the merger proposal. The share-swap deal, worth over Rs 10,000 crore, may be worked around the current market price of Rs 57 a share of CBoP.
- George Smith Alexander
1 day ago · Centurion Bank of Punjab Limited Stock Price Today, Live NSE Share Price: Get the latest Centurion Bank of Punjab Limited news, company updates, quotes, tips, historical charts, 52 week high low, market performance financial reports and many more at NSE India.
Mumbai, February 25, 2008: The Boards of HDFC Bank and Centurion Bank of Punjab met today and approved, subject to due diligence, the share swap ratio for the proposed merger of Centurion Bank of Punjab with HDFC Bank.
The merger of Centurion Bank of Punjab Ltd (CBoP) with HDFC Bank Limited became effective on May 23, 2008 as per the order of Reserve Bank of India (RBI) with April 1, 2008 as the appointed date. The results for the period ended June 2008 are therefore for the merged entity, whilst the results for the period ended June 2007 are on a standalone ...
