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Money & Banking: Banks see more growth in global operations |
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Despite the uncertainty in the global financial markets, Indian banks had a good run in their international operations, in the last fiscal, thanks to the increased overseas M&A activities of Indian corporates.
Among the banks that have declared their annual results for 2007-08, Bank of India, State Bank of India, Indian Overseas Bank and ICICI Bank have reported an increase in revenue from their international operations.
This growth is despite the fact that some of them have exposure to cre ...
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