Foreign lenders need regulatory support: Grant Thornton Bharat Report
“The RBI and the government could consider working together to ease some of the challenges that foreign banks have been facing in order to provide a further impetus to their growth in the context of the Indian economy,” said Grant Thornton Bharat, in its latest report, Role of Foreign Banks in Shaping a Vibrant Bharat.
Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNBThe Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India. Based in Belgium, the SWIFT system is considered central to the smooth functioning of global finances and Russia's exclusion from it would hit the country hard.
https://ift.tt/6rWykPH
Post a Comment