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KARNATAKA BANK OFFERS RESIDENT F/C ACCOUNT (with the Reserve Bank of India allowing residents to maintain foreign currency accounts).

Asia Africa Intelligence Wire

| May 31, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Karnataka Bank of Mangalore has launched a new Resident Foreign Currency (domestic) Account with the Reserve Bank of India allowing residents to maintain foreign currency accounts. The account can be maintained in US dollars, …

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