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Punjab & Sind Bank gets RBI nod to open branch in GIFT City
Punjab & Sind Bank will open a branch at GIFT City in Gandhinagar, Gujarat. The Reserve Bank of India has given its approval. This move marks the bank's entry into international banking. The GIFT City IFSC is India's premier international financial hub. The bank aims to strengthen its foreign currency lending and trade finance capabilities.
Sources: Economic Times - Banking, Hindu, NDTV +13 more
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