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Top 10 Best International Foreign Banks In India 2021

An international bank is a financial institution that operates outside of its home country and provides financial services to international customers. A foreign bank branch is a type of international bank that is required to obey both the home and host ...

5 Foreign Banks That Offer Highest Interest Rate On Term Deposits In India

Close on the heels of local private and public sector banks' deposit rate cutting spree following RBI's significant repo rate cut since February 2019, foreign banks in India which already paid 100 basis point less in comparison on retail deposits ...

Foreign Banks Closing Branches in India: RBI

The survey on international trade in banking services for 2016-17 by RBI said, "The presence of foreign banks in India declined in terms of number of branches and employees during 2016-17; the number of overseas branches of Indian banks, on the ...

RBI Imposes Penalty On Five Banks

The Reserve Bank imposed a penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA. As per PTI reports, the three other banks are Bank of America, Bank ...

India should open up banking sector: Expert

Singapore: India should open up its banking sector to foreign banks and tap the strength of international financial institutions, an expert has said. Piyush Gupta, Chief Executive of Singapore's DBS Group Holdings, said India could tap foreign banks to bridge ...

Bank Unions to observe one-day strike on Dec 19

Chennai: Pressing various demands, the United Forum of Bank Unions, representing employees of public and private sector banks, has decided to observe a one-day nationwide strike next month. A decision to this effect was taken at a meeting held here ...