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Sri Lanka: Indian Bank to open branch in Jaffna to channel Delhis rehabilitation aid

Jul 28, 2010 9:26:58 PM - yahoo.com
The Chennai-based, state-run Indian Bank is planning to open a branch in Jaffna, and to facilitate an Indian government loan to Sri Lanka of US$ 200 million for the rehabilitation of internally displaced Tamils, media reports said. "Talks [with Sri Lanka] are in an advanced stage at the moment," chairman and managing director Mr. TM Bhasin told The Times of India earlier this week. Indian Bank ...