New Delhi: Union Bank Of India is seeking licences to open branches in Australia and Belgium and has received the RBI's nod to set up a subsidiary in the UK, its chairman said on Friday.
The lender expects FY12 net interest margins at 3.1 per cent, M.V. Nair said.
Source: Financial Express
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Customers can now open NRE and NRO account in India through Australia Office which soon will become branch
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