Leading European banks plan to invest over $452.18 million to develop India's telecom infrastructure. German banking major KFW Bankengruppe will invest around $82.3 million for infrastructure funds in the country via its subsidiaries, DEG and KFW Ipex Bank.Anonymous...
Funds can be sent to a local Indian bank account through your resident bank abroad, online money transfer services or foreign exchange houses. Banks and foreign exchange houses can often charge more for international transfers with higher fees or an expensive exchange rate. Transfers are generally c...
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The Nifty Bank Index measures the overall performance of key banking firms listed on the National Stock Exchange of India (NSE). It contains prominent banks from a variety of industries, including public, private, and foreign banks. The index generates its value using a method that takes into ...
Why is fractional share investing not possible in India? EconomicsDecember 16, 2022 Amounts written off by Banks as NPAs in FY22 and FY21 InvestingDecember 12, 2022 Smallcase Vs Mutual Funds, What’s Better? InvestingNovember 2, 2022
Mumbai, India, July 29, 2022 –Global investment firm Carlyle (NASDAQ: CG) today announced it will be acquiring up to a 10% stake in YES BANK, one of India’s largest and fastest growing full-service commercial banks, as part of an approximately ...
(CRS) compliant. Fund houses must comply with the FATCA and CRS guidelines, which require them to report the financial accounts and investments of their foreign clients. As a result, few leading AMCs, banks and brokers do not allow NRIs from the United States and Canada to invest in ...
This is Barclays’ single largest capital infusion in its Indian business in the last three decades. Barclay pulled out of the retail business in India in 2011 and closed its equity investments unit in 2016. Barclays currently ranks first in the DCM league table among all banks in India wi...
Domestic insurance firms should speed up their strategic cooperation with local banks to help the reform of China's financial sector, the country's insurance regulator said on Dec.21. China Insurance Regulatory Commission Chairman Wu Dingfu cited Ping An Insurance (Group) Co. of China Ltd.'s ...
Lebanon has witnessed in the past few months a shortage in U.S. dollar, caused by an economic slowdown and the drop in cash injections from the Lebanese abroad. Hence, banks have imposed restrictions on the withdrawals of depositors and the conversion of the Lebanese pound to the U.S. doll...