Saturday, April 17, 2021

Why do so many MNC banks give up pursuit of retail El Dorado in India?

A few years later in 2007, ABN Amro, which had acquired Bank of America’s retail business in 1998, sold out to RBS following a global deal. In the last decade, Deutsche Bank, ING, RBS and HSBC sold significant portions of their retail businesses in the country.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/why-do-so-many-mnc-banks-give-up-pursuit-of-retail-el-dorado-in-india/articleshow/82113168.cms

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