After two years of negotiations, the Reserve Bank of India is set to allow HSBC to acquire 23 of the 31 branches in India of Royal Bank of Scotland. The HSBC-RBS deal, announced in July 2010, was part of RBS’ strategy to retreat from some businesses outside its home market
http://www.business-standard.com/india/news/hsbc-to-finally-get-23-royal-bankscotland-branches/481463/
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