Royal Bank of Scotland closes operations in India

Q.  Name the state-owned bank of Britain that has announced to close its banking operations in India as disclosed recently?
- Published on 27 Feb 15

a. Royal Bank of Scotland
b. Federal Bank
c. Scotland Bank
d. Royal Federal Bank

ANSWER: Royal Bank of Scotland
 
The bank has decided to close its banking operations in India but will be retaining the back office.

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