A while ago, we opened the bids for the Financial Hub. Offers have been received from United Bank of India (UBI), United Commercial Bank (UCo), National Insurance Company (NIC), West Bengal Financial Corporation (WBFC), West Bengal Infrastructure Development & Financial Corporation (WBIDFC) and SREI. The scrutiny of the bids will of course take some time. There may also be few overlaps in plot location preferences and procedures for resolving these are slightly lengthy.
Earlier, Allahabad Bank and SBI had already taken land in/near the Financial Hub. Few, like LIC Housing and Bank of India have requested for a little more time. Few have asked for a different sized plot. These will be considered in due course.
The Financial Hub is achieving critical mass. Now we must try harder to really make it a functioning international financial centre.
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