Indian bank- the Bank of Baroda that has been linked to the Gupta brothers has announced its plans to exit South Africa.
Just a few weeks ago, the Bank had said it was cooperating with South African officials for probe into its compliance lapses.
Our India correspondent Neha Poonia reports.
http://www.fsnradionews.com/feeds/0213GuptaBank-np-sabc.mp3
The bank's representatives in India have said that the reason for the exit is because the bank wants to rationalise its 100 odd overseas branches.
Just a few weeks ago, the Bank had said it was cooperating with South African officials for probe into its compliance lapses.
Our India correspondent Neha Poonia reports.
In: 'The banks...
Out: SOC
Dur: 42 secs
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