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Bank of Baroda enters Malaysia

NEW DELHI, AUG. 9. Bank of Baroda today announced its foray into the Southeast Asia with the opening of its office at Kuala Lumpur, Malaysia.

BOB is the first Indian bank to set up office in Malaysia. As part of its overseas expansion plan, the bank is awaiting approval of the Thailand regulatory authorities for opening its Representative Office in Bangkok, Thailand.

The bank has already received approval from the Reserve Bank of India for opening its Offshore Banking Unit in Singapore, and a branch in Houston, Texas in the U.S. — UNI

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