IIFC, Indian Bank, OBC, Corporation Bank to jointly finance infrastructure projects
16 October 2006
Mumbai: India Infrastructure Finance Company (IIFC) has entered into a memorandum of understanding (MoU) with Indian Bank, Oriental Bank of Commerce, Corporation Bank to jointly undertake financing of infrastructure projects.
Bank, Oriental bank and Corporation Bank have already
formed an alliance for sharing each others infrastructure,
enter new businesses and set up joint ventures.