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RBL Bank eyes on broking, mutual funds to expand capital market presence
Private sector lender RBL Bank is "evaluating" a foray into the broking and asset management space as part of its move to expand capital market activities, a top official said on Wednesday. Making it clear that no decision has been reached on the subject, its managing director and chief executive R Subramaniakumar said the bank, a subsidiary of UAE's Emirates NBD, will see which activities can be done internally, which can be handled at the group level and the separate units which it needs to f…
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