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      Question

      SMBC is currently operating in India through how many

      branches before conversion into a WOS? 
      A Two Correct Answer Incorrect Answer
      B Three Correct Answer Incorrect Answer
      C Four Correct Answer Incorrect Answer
      D Five Correct Answer Incorrect Answer
      E Six Correct Answer Incorrect Answer

      Solution

      SMBC presently operates through four branches in India, located in New Delhi, Mumbai, Chennai, and Bengaluru. The RBI’s in-principle approval allows these branches to be converted into a Wholly Owned Subsidiary structure. 

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