FOREIGN BANKS OPERATING IN THE COUNTRY

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..... FOREIGN BANKS OPERATING IN THE COUNTRY - News and Press Release Dated:- 4-12-2007 - News - Rajya Sabha At present, 29 foreign banks have their branch operations in India. Five foreign banks have .....

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..... expressed their desire to open their maiden branch presence in India. Foreign banks operating in India are required to lend to the priority sector to the extent of 32% of their Adjusted Net Bank Cre .....

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..... dit (ANBC) or credit equivalent amount of Off-Balance Sheet Exposure, whichever is higher, which also includes 10% lending for small enterprises and 12% for export credit. However, no target has been .....

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..... stipulated for foreign banks for providing loans to farmers and scheduled-castes and scheduled-tribes. Though no stipulation has been made for foreign banks to open their branches in rural areas, as p .....

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..... er the Branch Authorisation Policy issued by RBI, banks are encouraged to open branches in rural and under-banked areas. Further, while considering applications for opening branches, RBI gives weighta .....

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..... ge to the nature and scope of banking facilities provided by banks to common persons, particularly in rural and under-banked areas. This information was given by Shri Pawan Kumar Bansal, Minister of .....

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..... State for Finance in reply to a question raised by Shri Motilal Vora and Shri Satyavrat Chaturvedi in the Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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