Bank of Baroda to sell Caribbean subsidiary to ANSA bank

Bank of Baroda to sell Caribbean subsidiary to ANSA bank

A man walks past the Bank of Baroda headquarters in Mumbai, India, May 3, 2016. REUTERS/Danish Siddiqui/File Photo

Public sector lender Bank of Baroda on Thursday said it has signed a binding share purchase agreement with ANSA Merchant Bank Ltd for selling its subsidiary, Bank of Baroda (Trinidad and Tobago) Ltd, or BOBTTL.