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NBAD in second schedule

The Reserve Bank said it has included National Bank of Abu Dhabi PJSC (NBAD) in the Second Schedule to the RBI Act. It issued a notification to this effect. NBAD has a global presence and operates in 17 countries and overseas territories, spanning five continents – including China, Hong Kong, Malaysia, India, Oman, the UAE, Kuwait, Bahrain, Jordan, Lebanon, Egypt, Sudan, France, Switzerland, the UK, USA and Brazil.

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