No more loans in India, says Barclays

Banking giant Barclays is to stop giving retail loans in India, a decision which those involved in the plans say could result in 200 job cuts back in the UK.

Banking giant Barclays is to stop giving retail loans in India, a decision which those involved in the plans say could result in 200 job cuts back in the UK.

The move is part of Barclay's shift in focus to its deposit, wealth management, investment and corporate banking business in South Asia.

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