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UAE bank close to acquiring $5b stake in Indian bank

A leading UAE-based bank is in talks to acquire a stake in an Indian bank, with an investment expected to be in the billions of dollars, according to the UAE ambassador. The UAE Ambassador to India, Abdulnasser Alshaali, told CNBC TV-18 in an interview that the investment could be valued…

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Click here to read the full story: Khaleej Times

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