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India's Corp Bank seeks regulatory nod to open Dubai branch
- United Arab Emirates: Tuesday, October 30 - 2012 at 02:44
Indian public sector lender Corporation Bank is awaiting regulatory approvals to upgrade its overseas representative offices in Dubai and Hong Kong, Business Standard has reported. "We have filed application with the Reserve Bank of India (RBI) seeking licence to upgrade our representative offices in Dubai and Hong Kong into full-fledged branches. We wish to convert them into branches as early as possible," Ashwani Kumar, executive director of Corporation Bank said.
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