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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

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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