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Union Bank Of India has informed the Exchange that :"The Central Government, in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri S.C. Kalia, (DoB :06.08.1951) Executive Director of Vijaya Bank, as Executive Director of Union Bank of India, from the date of his taking over charge of the post and up to 31.08.2011 i.e. the last day of the month in which he would attain the age superannuation until further orders, whichever is earlier. Shri S.C. Kalia has taken over charge as Executive Director of the Bank today i.e. 21.11.2009".
1.30 PM Nov 23rd 2009  | Track

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India gold demand returns as prices ease. Will gold prices correct further?
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