Banks in India
such as ICICI and HDFC are securitizing their assets
to foreign banks and have discovered a new revenue
stream for the Indian banking industry.More
The Indian government
has issued guidelines for Foreign Direct Investment
(FDI) in retail and other sectors thereby aiding increased
foreign participation in these areas.More
India’s
growing economic importance on the global map has
once again been highlighted with an increasing number
of famous bulge bracket banks making their presence
felt in the Indian financial scenario.More
India is now
the world's tenth largest importer and exporter of
commercial services, compared to 15th and 16th largest
respectively in 2004, as per the WTO's (World Trade
Organisation) World Trade Report 2005 released in
Geneva.More
