Financial Reforms in India – A New Era

    2018-05-28T12:12:20+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

    A financial expert delves into how reforms in the sector are set to transform the Indian economy. The last few years have been a seminal period for the Indian economy, not only in terms of the overall progress on the macroeconomic front, but more importantly in the structural reforms undertaken, many of which will have deep-rooted, long-term effects. Be it the Insolvency & Bankruptcy Code (IBC), Demonetisation or Goods and Services Tax (GST), each of these reforms has targeted a [...]

      India attractive as an export hub

      2020-03-13T13:16:53+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

      A number of international companies are stepping in to take advantage of India’s location as a promising export hub. Foxconn eyes exports from India The world's largest contract manufacturer, Foxconn, plans to begin exports to the Middle East and African countries from India the end of this year. The Taiwan-headquartered phone and electronics maker is stepping up an expansion of its manufacturing facility in Sri City, Andhra Pradesh, while scouting for more locations including Tirupati in the same state, besides [...]

        Banking the unbanked is India’s big success story

        2018-08-01T12:50:35+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

        Arundhati Bhattacharya is the first woman to chair the State Bank of India (SBI), India’s largest state-owned bank. Just before her retirement in early October, she took time out for ‘India Global Business’ during a visit to the UK to delve into Indian banking reforms and the promise of measures like demonetisation and Goods & Services Tax (GST) having a positive impact on the economy in the long term. What does the new SBI bond index series launched in the UK [...]

          Indian financial services companies find green pastures abroad

          2020-03-12T08:28:38+00:00October 26th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

          Indian banks and investment banks are investing in global financial centres such as London, New York, Singapore and Dubai to better serve the growing and very lucrative market for cross-border deals involving Indian companies. Here’s a quiz question: Which Indian bank has the largest presence outside India? The answer is not as easy and straightforward as it looks. The top spot is claimed by two banks – Bank of Baroda, which has 51 branches in foreign countries, and State Bank [...]