Current Affairs Economy & Banking

Federal Bank Gets RBI Nod To Enter Bahrain, Kuwait, Singapore

Category : Economy & Banking

 Private Sector Lender Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore, but is awaiting local clearances before it starts operations. Federal Bank already has representative offices in Abu Dhabi and Dubai, and its desire to expand comes even as a majority of its larger peers are downsizing their overseas presence. 
Source- The Economic Times


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