I assume that the flowers and fruits are 4-merous. If yes, then the suggested identity is correct. However, as regards the nomenclature, it is found that Chakrabarty & Gangopadhyay in J., Econ. Taxon. Bot. 21: 301. 1997 treated
Combretum albidum G. Don (1827) and cited
C. ovalifolium Roxb. ex G. Don (1827) as its synonym. It is now found that Wight & Arn., Prodr. Fl. Ind. Orient. 1: 317. 1834 first united the two species under
C. ovalifolium, followed by later workers. Hence, as per Art. 11.5 of the Code, the correct name of the plant will be
Combretum ovalifolium Roxb. ex G.Don.
Thank you,
Tapas.