Bank Of Baroda To Exit South Africa By March-End

Posted on:14 Feb 2018 12:48:44
Bank Of Baroda To Exit South Africa By March-End
14 February 2018 Current Affairs: State-owned Bank of Baroda decided to exit by March-end its South Africa operations after 21 years amid a probe into alleged compliance lapses by the bank there.

The bank stated that it is exiting operations in South Africa as part of its strategic plan for rationalization of overseas branches.

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