November 20, 2007

SBI to acquire Dena, UCO Banks

With reference to the news item appearing in a leading financial daily titled "SBI may absorb Uco, Dena banks, UCO Bank Ltd has clarified to BSE that neither the Bank is aware of the contents of the subject news item nor the Bank's Board of Directors has so far discussed such issues in their meeting.

Therefore, the Bank deny the contents of this news items.

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