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Suvarna Sahakari Bank
Suvarna Sahakari Bank was an Indian Privately held company, private Scheduled Banks (India), non-scheduled urban co-operative bank headquartered in Pune, Maharashtra, India, which operated from its Incorporation (business), incorporation on 22 September 1969 till its Dissolution (law), dissolution on 20 May 2009. The bank rose to significant prominence in 2006, following a cricket administration voting scandal involving its founder Dnyaneshwar Agashe at the Board of Control for Cricket in India in 2004, which saw the bank Business failure, fail between 2006 and 2008 amid allegations of scam against its board of directors; allegations which the media at the time speculated to be revenge, politically charged ethics, foul play against its board. The bank was finally dissolved and Mergers and acquisitions, merged with the Indian Overseas Bank in 2009. Founded to serve the Bank, banking needs of middle class Marathi people, the bank was initially known for its Credit, credit schemes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |