Why do so many MNC banks give up pursuit of retail El Dorado in India? - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Why do so many MNC banks give up pursuit of retail El Dorado in India?

A few years later in 2007, ABN Amro, which had acquired Bank of America’s retail business in 1998, sold out to RBS following a global deal. In the last decade, Deutsche Bank, ING, RBS and HSBC sold significant portions of their retail businesses in the country.

from Industry-Economic Times
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