Foreign Banks

Apr 21, 2017 at 12:35 | Source: PTI
The rupee resumed lower at 64.64 per dollar as against its last closing level of 64.56 at the Interbank Foreign Exchange (Forex) Market. It dropped further to 64.67 in view of initial dollar demand from banks and importers on the back of higher greenback in the overseas market.
Apr 18, 2017 at 13:03 | Source:
Global financial giant Citi has drawn financial ministry officials attention that foreign funds and global banks are taking advantage of Indias treaty with France by using Paris as a base for investments in India to escape tax, reports the Economic Times.
Apr 17, 2017 at 21:54 | Source:
This is to inform you that the IndusInd Bank has launched, a one-stop portal for all foreign exchange needs of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and Bank will issue a Press Release today. A copy of the same is enclosed for your kind perusal and record.
Apr 10, 2017 at 13:43 | Source: PTI
In a statement, Barclays said the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have "commenced investigations into Jes Staley, as to his senior manager responsibilities relating to Barclays whistleblowing programme, and Barclays Bank."
Apr 10, 2017 at 12:33 | Source:
GST implementation, more government reforms, revival in earnings and consistent inflow of foreign money are key drivers going ahead.
Apr 07, 2017 at 09:25 | Source: PTI
RBI has permitted domestic public and private sector banks to open an IFSC banking units (IBU) at GIFT City to undertake foreign exchange transactions with resident and non-resident entities other than individuals.
Apr 06, 2017 at 22:59
The ECB proposal to European Union states, seen by Reuters, says that a draft piece of legislation on foreign bank regulation already under discussion among the 28 EU members should be toughened further.
Apr 05, 2017 at 19:05 | Source: PTI
Expecting a status quo on the rates on the first monetary policy review of fiscal 2018 tomorrow, a foreign brokerage today said the central bank is likely to announce liquidity management measures given the Rs 4 trillion glut in the market.
Apr 03, 2017 at 20:45 | Source: PTI
SBI, in association with travel firm Cox & Kings, has launched prepaid cards on a pilot basis for foreign travel.
Apr 03, 2017 at 15:33 | Source: PTI
For FCNR(B) deposits, in USD terms, the revised interest rate has been fixed at 2.40 percent for deposits of one year and above, but less than two years from 2.33 percent.
Messages on Foreign Banks »

Intellect Desig  

buy with confidence and loose money, guys don`t fall in a trap the company is in losses and only an order from a foreign bank doesn`t mean that things will turnaround in a week.

1.46 PM Apr 5th


New Member

0 Follower


a spicejet official said 38 foreign banks had shown interest in funding thepurchase of the boeing planes. he said the company would take two to three months to decide on the modalities of the financing.

10.00 AM Mar 31st


New Member


Ansal Propertie  

of Sushil Ansal%u2019s grandchildren %u2014 Pranav Ansal%u2019s children, son Ayush Ansal and daughter Anushka Ansal who are maintaining foreign bank accounts in HSBC, Barclays Bank, Natwest, Standard Chartered etc in Singapore, Dubai and UK. They enjoy NRI status now.

9.16 PM Mar 22nd


New Member



also regrding the foreign bnk acnt ... bascly the court wil oversee the convrsion of the repatriable amount and the same wud be parked in foreign bnk acount in India ... meanin an foreign bank in India .... hwever it ds nt efffect the potentail for smal instors lik us ... we wil get r fair shr

11.13 AM Mar 9th


Gold Member



Airlines take debt from bank for meet capital requirement when they can`t generate cash specially when post losses. They take debt for business expansion. Don`t worry, spicejet will again take debt but this time , debt will be taken from foreign banks to reduce interest cost. standalone basis debt

9.26 PM Jan 17th


Platinum Member



money is in the form of cash and rest as foreign bank balances, property investments and gold. His demonetization so utterly failed while hurting the poor while dealing a huge blow to the economy..So how much of this 6% has been converted to white in the name of Demonetisation by the current Government

7.22 PM Dec 25th 2016


Platinum Member



RBI fines five foreign banks for FEMA violation. A penalty of Rs 10,000 each has been imposed on Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland, Standard Chartered Bank.

9.12 PM Dec 21st 2016

Wire News

Platinum Member


News Now  

The Reserve Bank today imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.

7.10 PM Dec 21st 2016


New Member



( Billions of Dollars 💵 are lying in foreign Banks) . A manufacturer works at a margin of between 2% to 10% , whereas government needs 30% of his income to cover it`s expenditures. How fair it is all?? That`s the reason no one wants to pay 💰Taxes We save Taxes for our Necessities , for our own old age

9.57 PM Dec 1st 2016


New Member



the above Why would anyone Save Taxes ? We All know that the Major Tax revenue of Taxes are consumed by Government Officials and Politicians ( Billions of Dollars %uD83D%uDCB5 are lying in foreign Banks) . A manufacturer works at a margin of between 2% to 10% , whereas government needs 30% of his income

9.55 PM Dec 1st 2016

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