Centurion Bank of Punjab Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Bank held on March 27, 2008, have approved the Scheme of Amalgamation of Centurion Bank of Punjab Ltd with HDFC Bank Ltd, subject to the approval of the Reserve Bank of India. The proposal was approved by the requisite majority as per the provisions of Section 44A of the Banking Regulation Act, 1949.
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