Kenya: India Bank to Set Up Liaison Office

19 February 2013

The Central Bank has granted authority to the Central Bank of India to open a representative office in Kenya.It joins HSBC, HDFC Bank, Bank of China, Nedbank, and FirstRand Bank which have representative offices in Nairobi.

The Indian commercial bank with an asset base of US$50 billion and a network of 4,200 branches is is substantially owned by the government.

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