KOLKATA: Qatar-based Doha Bank is keen to expand its operations in India. Speaking at an interactive session at the Bengal Chamber of Commerce here on Friday, its CEO R Seetharaman said, “Our long-term view is to set up a full scale subsidiary for our Indian operations.”
Urging corporate and business houses from eastern India to set up businesses in the Gulf region, he assured them of lower interest rates for loans. “We want the SMEs to come to the Gulf state to set up their business,” he said adding 87% of Doha Bank’s lending is guaranteed by the Qatar government and also it is an ‘A+’ rated bank.
The bank charges interest rate between six and nine per cent for the SMEs. Presently, Doha Bank has three branches in India two in Mumbai and one in Kochi
