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Friday, July 3, 2020

Axis Bank to close British subsidiary, focus on Indian business

"In line with this objective, the bank has taken a decision to fully wind down and close the operations of Axis Bank UK Ltd, a subsidiary of the bank, and targeting for surrendering of the banking licence by end of April 2021," bank said in regulatory filings at stock exchanges late on Thursday after closing hours.

from Banking/Finance-Industry-Economic Times


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