Bank of America plans expansion in India

New Delhi, Dec 3:

Bank of America chairman and CEO Brian Moynihan Wednesday met Prime Minister Narendra Modi and said the bank will expand its banking activities in India, and its presence in capital markets, particularly in infrastructure and energy sectors.

The bank has completed 50 years of service in India, an official statement said here.

Moynihan said he expected the Indian economy to grow at a fast pace, and that the world has changed its perception about India. (IANS)