With economic and financial sector reforms introduced in India since the early 1990s, the operating environment for banks in India has undergone a rapid change. Foreign banks have been operating in India for more than a century and a half. The operations of FBs received a considerable boost during the post-reform era beginning with the year 1993. In the emerging financial and banking scenario of openness and promotion of greater economic efficiency, the need for an expanded role and operation of foreign banks has gained further backing in India. The policy stance towards foreign banks has...
With economic and financial sector reforms introduced in India since the early 1990s, the operating environment for banks in India has undergone a rap...
