Credit Suisse receives in-principle approval to establish a bank branch in India

29 March 2010 | 1 minute read

Credit Suisse received in-principle approval to establish a bank branch in Mumbai today (March 29), allowing the bank to substantially expand the range of services it offers in the Indian market. Once established, the Mumbai bank branch will be able to accept deposits and use its balance sheet to provide financing to clients. The licence will also permit the bank…

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