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Syndicate Bank gets RBI nod to set up subsidiary for BPO

Mumbai, Mar 8 (UNI) The public sector Syndicate Bank has received an approval from the Reserve Bank of India (RBI) to set up a subsidiary for Business Process Outsourcing (BPO) business.

Announcing this to BSE, the bank said it had received the approval from RBI today for the setting up the BPO subsidiary.

UNI SN SSS SKB1838

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