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UTI Bank's ATM in Mangalore

Our Bureau

MANGALORE: UTI Bank's fourth offsite ATM in Mangalore was inaugurated here. With this, the number of UTI Bank ATMs has risen to 438.

According to a press release, Mr. Donald Peck and Mr. Paul Fletcher, nominees of the South Asia Regional Fund and CDC Financial Services (Mauritius) Ltd respectively, were included on to the board of the bank subsequent to these two funds (managed by CDC Capital Partners Ltd) having taken a 26.01 stake in the equity of the bank.

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