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Taiwan banking Giant, Taipei Fubon Commercial Bank, secures approval to open branch in India

Taipei [Taiwan], July 2 (ANI): Taipei Fubon Commercial Bank, the banking arm of Fubon Financial Holding Co., has received approval from Taiwan’s Financial Supervisory Commission (FSC) to set up a branch in Gujarat International Finance Tec-City (GIFT City), India’s emerging financial and technology hub, Focus Taiwan reported.

The bank has dropped its earlier plan to open a branch in Mumbai, believing GIFT City of