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India Continues to Offer Vast Opportunities to Foreign Banks ; Foreign Banks Continue to Enter India, despite Its Restrictive Regulations, Because of the Vast Opportunity the Country Offers

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In January this year, Swiss financial services giant Credit Suisse acted as investment banker for a deal in which Japan's NTT Communications bought a majority stake in Mumbai-based data centre service provider Netmagic Solutions for Rs 640 crore. Credit Suisse, however, earned more than what it ... (Publication: Business Today)

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