Barclays to pump in more than $400m in India investment banking arm

Barclays to pump in more than $400m in India investment banking arm

FILE PHOTO: The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville

Barclays Plc announced it is pumping in more than $400 million into its India arm to tap rising corporate and investment banking activity in the country that is now recovering from the pandemic.

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