Election 2014

Foreign Banks

Apr 17, 2014 at 10:05 | Source: CNBC-TV18
HDFC Bank to be dropped from MSCI India Index if the bank remains on RBI ban list at November review.
Apr 16, 2014 at 09:46 | Source: Moneycontrol.com
The Reserve Bank of India on Tuesday notified that foreign institutional investors (FIIs), through primary market and stock exchanges, can now purchase up to 55 percent (revised from earlier limit of 49 percent) of the paid up capital of Jubilant FoodWorks under the portfolio investment scheme.
Apr 11, 2014 at 16:43 | Source: PTI
For the week to March 28, the reserves rose by a whopping USD 5.038 billion to USD 303.673 billion, the second highest in the fiscal. During the period, foreign currency assets also jumped by USD 5.011 billion to USD 276.406 billion.
Apr 11, 2014 at 09:39 | Source: Moneycontrol.com
The RBI has notified that the foreign share holding through foreign institutional investors (FIIs)/non-resident Indians (NRIs)/persons of Indian origin (PIOs)/foreign direct investment (FDI)/American depository receipt (ADR)/global depository receipts (GDRs) in Induslnd Bank has reached the trigger limit.
Apr 10, 2014 at 21:32 | Source: Reuters
Providing such cash would ease pressures on countries to build up currency reserves as defences against any sudden outflows, said Rajan, endorsing a scheme that has previously been proposed by the IMF and discussed by policymakers.
Apr 10, 2014 at 21:16 | Source: PTI
Under the portfolio investment scheme, FIIs are allowed to buy up to 49 percent of the paid-up capital in the bank through primary or secondary markets subject to aggregate foreign investment limit not exceeding sectoral cap of 74 percent.
Apr 10, 2014 at 18:16 | Source: PTI
The RBI said all foreign banks that become wholly owned subsidiaries will be given near-national treatment, apart from capital gains tax and stamp duty benefits.
Apr 10, 2014 at 18:06 | Source: PTI
The RBI said it has come to its notice that some Indian banks have committed certain lapses while buying or selling real estate and taking or letting out property on lease or rentals in some places in foreign countries, it said in a notification today.
Apr 09, 2014 at 14:51 | Source: PTI
The government's approval to the proposal of HDFC Bank for raising overseas shareholding limit to 67.55 percent may get delayed as Commerce and Industry Ministry is scrutinising all foreign investments made in the bank.
Apr 04, 2014 at 15:53 | Source: CNBC-TV18
Avinash Persaud, Chairman, Elara Capital cautioned that foreign investors have some concerns whether the new government, which comes to power post elections will manage to deliver on the ongoing optimism as faster as market likes.
Messages on Foreign Banks »

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What is your view on foreign banks in India?

6.16 PM Apr 10th


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South Ispat  

-utilized Money Kept with Foreign Bank received from GDR issue : Rs 90.23 Crores - Updates on GDR listing status in Luxembourg Stock Exchange 5. Update on Working Performance of Subsidiary Company - Please update us the performance of SIEL FZE, 100% wholly owned subsidiary company having business office

10.17 AM Apr 10th

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Source:Economic Times - NEW DELHI: BJP leader Subramanian Swamy on Wednesday accused Congress candidate from Amritsar, Captain Amarinder Singh of committing perjury. Swamy claimed that Captain Amarinder Singh failed to divulge details of foreign bank accounts held under his wife and son`s name

6.18 PM Apr 9th


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fdi money shall b put for development strongly---otherwise sucked by corrupt system and will deposited back in foreign banks with huge debt left on our head---------strong modi monitoring needed---just hope so---no other choice left ---as congress failed in doing so

3.02 PM Apr 8th

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Source:Economic Times - Rupee was trading at 60.20/21 versus its close of 60.1650/1750 on Thursday but off the session low of 60.3925, the lowest since March 25, as some selling in the greenback was seen by foreign banks. Losses in other Asian currencies versus the dollar and a fall

4.14 PM Apr 7th


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HDFC Bank  

By allowing the foreign banks into the country those who are in power are getting benefited hugely and common man is being robbed. In one way or other politicians & business men will gather money from all streams available and common man will be bearing the brunt.

11.21 AM Apr 7th


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foreign banks me pade hai india ke laakho hazaar( black money ) agar lana hai wapis to is liye ab baar sirf modi sarkar...

11.52 PM Apr 6th


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Global News  

Source:FirstPost - WASHINGTON (Reuters) - A U.S. agency created a "Cuban Twitter" to undermine Cuba`s communist government and get around its strict Internet prohibitions, using secret shell companies financed through foreign banks, The Associated Press reported on Thursday.The two-year project

1.58 PM Apr 4th


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HDFC Bank  

Competition will keep in check people like you. Bank licenses should be on a freedom of entry and exit basis (based on a transparent eligibility criteria). Allow complete competition from foreign banks. Innovation will lead to more IT based banks which require lesser branches...

10.28 AM Apr 2nd


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United Spirits  

hello fellow boarders. UBS (foreign bank) has downgraded stock to SELL with a target price of 2250. It will go dowwnnnnn. So exit now.

2.06 PM Mar 31st

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Apr 17, 2014 at 15:56 | Source: Economic Times
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