Indian bank to begin operations in Malaysia soon India News and Travel Times Provides India-centric and other News and Features

Malaysian Prime Minister's office has announced that an Indian is set to open its branch in Malaysia soon. The Star Online quoted S. K. Devamany, a minister in prime minister's department, as saying that this endeavour would further strengthen the relationship between the two countries. With the opening of an Indian bank, Malay-Indian businessmen will have more business opportunities, he added. Furthermore, he pointed out that although there were many foreign banks operating in the country, the opening of the Indian bank would ensure that the rights of the Indian community were not forsaken.