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PNB calls off Kazakh JV with Allahabad Bank

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PNB calls off Kazakh JV with Allahabad Bank

MUMBAI: Punjab National Bank has decided to call off a proposal to set up a joint venture subsidiary with Allahabad Bank in Kazakhstan. The JV proposal was floated in 2004 when PNB had an office in Alamty. Since then the bank had received permission for a branch.

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