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25 April 2024

Goldman Sachs applies for banking licence in India

(AP)

Published
By Staff Writer

Goldman Sachs Group has applied for a commercial banking licence in India, L Brooks Entwistle, who runs the US company's operations in the South Asian nation, said yesterday.

"We understand that process is a long one," Entwistle said.

Goldman Sachs currently offers investment banking and research services in India.