THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANANDRAO VITHOBA ADSUL):
(a) to (c) Eight public sector banks have gone for public issue of their shares during
the years ending 2001, 2002 and 2003 (latest available). All these issues were
oversubscribed. The bank-wise details are as under:
SI.No. Name of the Bank Over subscribed by times
1. Andhra Pradesh 2.56
2. Punjab National Bank 4.28
3. Union Bank of India 5.06
4. Canara Bank 1.83
5. Allahabad Bank 3.55
6. UCO Bank 17.04
7 Indian Overseas Bank 06.00
8. Vijaya Bank 17.06
(d) Government has received request from three banks viz. Bank of Maharashtra, Dena Bank
and Punjab & Sincl Bank for public issue.