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Sunday, February 23, 2020

foreign banks

FOREIGN BANKS NEWS

Priority lending: Foreign banks with 20 branches under ambit

March 02, 2018 1:29 am

The proposal to mandate foreign banks to lend to small farmers and micro-enterprises was first mooted in April 2015 as part of the recommendations of an internal working group set up by the RBI to revisit existing priority sector lending norms.

Govt-to-govt funding: With focus on greater access to resources, RoadMin examines plan

June 02, 2015 1:18 pm

As many as 1,231 projects measuring 37,000 km have been firmed up for award by the ministry this fiscal.

Doha Bank to open branch in Mumbai, proposes $5 billion exposure

April 04, 2014 1:14 am

Seetharaman said they moved the application way back in 2005 and only after Qatar allowed the SBI to open its branch last year did India give the nod.

US Federal Reserve closes a loophole for overseas banks

February 20, 2014 3:07 am

The US Fed has approved a final rule that will force the American operations of foreign bank to follow the same rules as US banks.

Indian rupee leads Asia FX gains,rupiah turns up with intervention

December 05, 2013 3:22 pm

Indian rupee hit a five-week high on Thursday as exit polls predicted a strong showing for BJP.

No tax on converting foreign banks into WoS

November 27, 2013 1:57 am

RBI said it was receiving queries from foreign banks regarding capital gains tax and incidence of stamp duty.

RBI outlines rules for foreign banks' India operations

November 07, 2013 3:15 am

Currently,all foreign banks in India are operating through the branch model.

Foreign banks get RBI nod to up presence in economy

November 07, 2013 2:37 am

Subsidiaries will have to earmark 40% lending to ‘priority sector’.

Discuss foreign banks reforms first,says BJP

October 15, 2013 12:25 am

The BJP spokesperson,outlined the experience of foreign banks to caution against importing financial crisis.

Banks' deposit in Jan-Mar up 14.2 pct at Rs 98.63 lakh cr

September 19, 2013 9:33 pm

The credit in amount terms during the quarter was at Rs 55.42 lakh crore.