Royal Bank of Scotland to Close Down India Business: Report

London: Royal Bank of Scotland (RBS) will close its corporate banking operations in India as part of a plan to sell or shut businesses in two-thirds of the countries it operates in, a person familiar with the situation said. RBS, which was briefly the world's largest bank by assets, has spent the eight years since a 45 billion pound ($64 billion) government bailout cutting costs and reorganising. It is closing the Indian business a...