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IDBI Bank to open Branch in Dubai

In a bid to get a toehold in the overseas market, IDBI Bank is planning to open its first Foreign branch in Dubai by the end of next month. CMD of IDBI Yogesh Agarwal said this after getting the regulatory approval and expected to open the branch in December.
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The Branch would come up in Dubai International Financial Centre (DIFC) with the objective to help corporates with their fund requirement in foreign currency.

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