20.09.2010 - UAE Exchange plans bank
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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