Qatar National Bank gets go-ahead to open branch in India

Qatar National Bank gets go-ahead to open branch in India
NB said it obtained the approval of India's regulatory authorities to conduct operations in that country. Photo: Wikipedia

Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region's largest lender said on Sunday.

The bank, which in June completed the 2.7 billion euro purchase of Turkey's Finansbank, has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia.

In a statement, QNB said it obtained the approval of India's regulatory authorities to conduct operations in that country, adding the move would help towards achieving its goal of strategic global expansion.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/markets/stocks/photo-gallery-largecap-midcap-stocks-buy-hdfc-securities-short-term-stock-picks-nifty-sensex-336484

Shares to buy for short-term: HDFC Securities' large and midcap stock picks

https://www.zeebiz.com/personal-finance/photo-gallery-these-are-the-types-of-bank-accounts-that-will-be-closed-down-by-rbi-heres-a-list-336400

3 types of bank accounts to be closed as per RBI directive from today: Do you maintain them?

https://www.zeebiz.com/personal-finance/news-sip-vs-ppf-retirement-planning-corpus-interest-rate-maturity-calculator-which-can-create-higher-fund-on-rs-12000-investment-for-30-years-systematic-investment-plan-vs-public-provident-fund-336466

PPF vs SIP: Rs 12,000 monthly investment for 30 years; see which can create higher retirement corpus

https://www.zeebiz.com/personal-finance/photo-gallery-mutual-fund-sip-power-of-compounding-retirement-corpus-maturity-calculator-in-how-many-years-you-can-get-inr-rs-70000000-with-15000-monthly-systematic-investment-plan-capital-gains-336338

Power of Rs 15,000 SIP: How long it will take to achieve Rs 7 crore corpus? See calculations to know

https://www.zeebiz.com/markets/stocks/photo-gallery-sip-in-stocks-for-new-year-2025-market-guru-anil-singhvi-picks-manappuram-finance-exide-industries-ixigo-shares-suggests-sip-in-dips-target-prices-company-market-cap-valuation-bse-nse-nifty-50-336515

SIP in Stocks For New Year 2025: Market guru Anil Singhvi recommends 1 largecap, 2 midcap scrips to buy in dips; note down targets

https://www.zeebiz.com/market-news/photo-gallery-lt-tata-motors-bajaj-finserv-axis-direct-stocks-to-buy-2-weeks-bse-nse-336501

Largecap, Midcap Stocks To Buy: Analysts recommend buying L&T, Tata Motors, 3 other stocks for 2 weeks; check targets

https://www.zeebiz.com/markets/stocks/news-anil-singhvi-new-year-2025-picks-for-long-term-multibagger-returns-manappuram-finance-ixigo-exide-share-price-bse-nse-target-336300

Anil Singhvi's New Year Picks for long term: These 3 stocks can deliver up to 110% return

Written By: Reuters
Updated: Mon, Aug 29, 2016
08:42 AM IST
Reuters
RELATED NEWS
NBCC share sale: 8 merchant bankers vie to manage the show NBCC share sale: 8 merchant bankers vie to manage the show

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x