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Wednesday, Feb 13, 2002

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KVB chief refutes merger talk

Our Bureau

COIMBATORE: Karur Vysya Bank's Chairman, Mr A.D. Navaneethan, on Tuesday maintained that market rumours about a possible merger of his bank with some other bank was "untrue and ill-conceived". Mr Navaneethan has stated categorically that these rumours were "nothing but a figment of fertile imagination". He reiterated that KVB was keen to ensure its identity.

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