Dubai, April 19 (IANS) Qatar-based
Doha Bank has agreed to buy
HSBC Bank Oman's
business in
India that has gross assets of Rs.350 crore ($58 million). "Doha
Bank has entered into an agreement with
HSBC Bank Oman (HSBC Oman), an indirect 51 percent owned subsidiary of
HSBC Holdings, to purchase the banking
business of
HSBC Bank Oman in India,"
Doha Bank chairman Sheikh Fahad bin Mohamed bin Jabor al Thani said in a statement.
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