Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Bank of Baroda to exit South Africa after controversies
short by Krishna Veera Vanamali / on Monday, 12 February, 2018
Bank of Baroda will reportedly exit the South African market amid allegations that politically connected Gupta family used its network for illicit transactions. Authorities alleged that the Gupta family used the bank to transfer large sums of illegal money and influence President Jacob Zuma. Bank of Baroda was the last lender in South Africa that offered services to Guptas' companies.
read more at Livemint