Re: Barclays Greed
you will also find that "a bank" will announce an Indian call centre contract, set it up but only use it for a very small portion of the business.
The actual reason for setting up in India being just that.
To set up in India.
Get a presence on the ground (even if it's via a 3rd party service providor) means that the local Indian financials regulators / politicians and others will be more inclined to allow said "a bank" to operate in India on full-service basis.
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