Financial Services

/Tag: Financial Services

City of London eyes closer post-Brexit relations with India

2020-05-11T03:07:48+00:00January 31st, 2020|2020, Guest Columns - India Global Business, Insight - India Global Business, UK Edition – 31 Jan-13 Feb 2020|

The future trading relationship negotiations with the UK will be intricate and complex, says the Policy Chair of the City of London Corporation. Highlights: Global markets need global standards, making mutual access between the UK and EU financial services sectors crucial. Brexit will also determine the UK’s future trading relationships with its biggest partners such as India. The UK-India Joint Trade Review, an only one of its kind the UK has with any other country, will lay the framework for [...]

India is already looking to the opportunities of Brexit

2018-12-11T10:12:39+00:00December 6th, 2018|2017/2018, UK Edition – December 2018|

Charles Bowman, the former Lord Mayor of London in charge of nurturing lucrative investments for the City, delves into his recent FinTech delegation to India, overcoming Brexit concerns to ensure London’s enduring attraction as a financial hub for Indian companies and opening up areas such as payments, regtech, insuretech and blockchain for India-UK tie-ups. What are some of the highlights from your recent fintech delegation to India? My visit to India is one that will live long in my memories [...]

How GIFT City plans to boost foreign investments in India

2018-09-24T10:29:42+00:00August 23rd, 2018|2017/2018, Global Edition – August 2018|

The Gujarat International Finance Tec-City envisages a global financial hub on the lines of Singapore, London and Dubai that will offer stiff competition to these cities. Gujarat International Finance Tec-City, which goes by the acronym, is planned, as the name suggests, as an international financial services centre on the lines of Singapore and Dubai against which it is being benchmarked. A brainchild of Indian Prime Minister Narendra Modi, it is India's first operational smart city and international financial services centre [...]

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 [...]

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 [...]