The deal fell as the transaction deadline expired. RBS said that it will wind-down its banking operations in the country.
The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain greater exposure in the country.
A survey of CEOs shows corporate India is unsure about the party's ideology, with some feeling its left-of-the-centre politics can be detrimental in the long run.
Ratnakar Bank to absorb RBS' employees involved in three businesses
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Aam Aadmi Party on Sunday released its first list of 20 candidates for Lok Sabha elections, pitting Kumar Vishwas from Amethi, Rahul Gandhi's seat, and former banker Meera Sanyal and social activist Medha Patkar from Mumbai.
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