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PRESS: Indian Banks Casting Eyes Over RBS Onshore Assets - Bloomberg

18th Aug 2015 12:38

LONDON (Alliance News) - IndusInd Bank Ltd and Yes Bank Ltd are among the Indian lenders running the rule over The Royal Bank of Scotland Group PLC's onshore portfolio in the country, Bloomberg reports.

Citing people familiar with the matter, Bloomberg said RBS is planning to sell around USD1.82 billion in onshore loans and deposits in the country. RBL Bank Ltd is also understood to be considering a bid for the assets, another source said.

http://www.bloomberg.com/news/articles/2015-08-17/indusind-yes-bank-said-to-study-rbs-s-onshore-indian-portfolio

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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