12 march 2000

gtb mulling pvt placement
calcutta: global trust bank is considering making a private placement of 26 million of its equity shares of rs. 10 each at a premium of rs. 75 per share. the shares are likely to be offered on a preferential basis to a foreign bank or financial institution.

the bank is looking for a strategic partner which can bring in technology and skills in risk management, credit monitoring, and credit evaluation.

11 march 2000