Bank Branches Abroad

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..... Bank Branches Abroad
News and Press Release
Dated:- 15-3-2013

As on 28.02.2013, 10 Nationalised Banks have 100 branches in overseas jurisdiction. The banks open their offices / branch .....

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..... es in overseas jurisdiction for various business and strategic considerations including to tap overseas market potential, to provide better customer services to their overseas trade clients, to integr .....

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..... ate with international financial markets, to mitigate risk in forex, to improve their bottom-line, etc. However decision to expand in overseas jurisdictions are taken by the Boards of the Banks. The R .....

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..... eserve Bank of India (RBI) and Government facilitate overseas expansion of Indian banks by granting expeditious approval; removal of difficulties in opening of offices / branches and in their operatio .....

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..... ns in overseas jurisdictions; etc., on the merit of each case. This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.
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..... ews - Press release - PIB .....

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