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Qatar National Bank Group gets nod for India subsidiary


The Qatar National Bank (QNB) Group has announced that it has received all regulatory approvals to establish a fully owned subsidiary under the name of QNB (India) Private Limited, which is expected to commence its operations during the 3rd quarter of 2013. 

"QNB(India) will take the role of extending consultancy and advisory services in the field of investment and finance for the Middle East companies that are willing to establish businesses and/ or invest in India," the bank said. 

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