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Qatar upgrades ICICI Doha branch licence

Qatar Financial Centre Regulatory Authority (QFCRA) has awarded India's largest private lender, ICICI Bank 'category one' licence for its QFC branch in Doha, Gulf Daily News has reported. The upgraded branch has been operating as 'a category IV' entity since March 21, 2007. The move enables ICICI Bank QFC branch to accept deposits from and provide credit to business customers, as per the QFCRA rules.