Bank Negara has announced the commencement of commercial banking business of India International Bank (Malaysia), which is a joint venture between Bank of Baroda, Indian Overseas Bank and Andhra Bank with effect from 11th July 2012.
The bank has been granted a commercial banking license by the Finance Minister of Malaysia with pursuant to section 6(4) of the Banking and Financial Institutions Act 1989.
It will operates at Ground Floor of Bangunan Yee Seng, 15 Jalan Raja Chulan, Kuala Lumpur.
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