Foreign Banks in India: Banknet India


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Name :	Prof Chowdari Prasad
Subject:	Why Foreign Banks in India?
Message :	It is a matter of History but now politics and economy. There is some literature including a research work and book by Dr R D Sharma (1987)and my own paper published/presented at a Conference on WTO organised by Mangalore University, India and Canara Bank Chair on Banking in 2004. You may go through RBI Circular dt Feb 28, 2005. After all, in a globalised economy, it is a reciprocal measure to operate in cross border areas for flow of funds.

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