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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds), Market Moves, New Launches more

UAE Exchange plans bank

Posted on 20 September 2010

From Gulfnews.com: UAE Exchange Centre, one of the world’s largest money exchange and remittance service providers, has applied for a banking licence in India.
Sudhir Kumar Shetty, Chief Operating Officer, says: “We have applied for a full banking licence in India in April, following the Indian Union Finance Minister’s announcement that deserving candidates could apply for new banking licences.”………………………………………Full Article: Source

 
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