The Singapore-based BK Modi, who is the promoter of the Spice Group, has launched a Bank named Smart Global Bank, in London. "We are launching the Smart Global Bank in London because London is global hub and a global city where most of the thinking is going on," B K Modi, founder-chairman of Spice Global said. Interestingly, he is also planning to apply for a banking licence in the country, the last date for which is today. Modi has business interest in mobile handsets and retail, among others.
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