ICICI Bank to get full banking status in Singapore

Business-Standard:  According to a report in Business-Standard, The Monetary Authority of Singapore (MAS) is now willing to open the doors for two Indian banks — State Bank of India and ICICI Bank (NYSE: IBN) — and offer them the status of qualifying full bank (QFB), which can raise retail deposits and operate at 25 centres in Singapore. 

This will no doubt continue to help ICICI gain international footprints. 

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