Green Light for Standard Chartered's Indian Brokerage Acquisition

Standard Chartered Bank Mauritius has received approval from the Reserve Bank of India to acquire a 49 per cent stake in UTI Securities, an Indian broking house, from Securities Trading Corporation of....

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By: Christopher Owen
December 12, 2007
Standard Chartered Bank Mauritius has received approval from the Reserve Bank of India to acquire a 49 per cent stake in UTI Securities, an Indian broking house, from Securities Trading Corporation of....