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Russian bank VTB to shut only office in India

Russian bank VTB to shut only office in India

Tuesday, March 21, 2017, 6:06 PM

Russian bank VTB has decided to close its only office in India to cut costs but will continue to work in India, the bank said on Tuesday. "The decision to shut the branch in India was taken as part of a strategy of VTB Group aimed at optimizing costs. We will continue to work on the Indian market, expanding our cooperation with local partners."
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