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newyorknix

ICICI, HDFC Banks Will Be Treated As Foreign Banks - 0 views

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icici bank login hdfc idbi indusind policy change foreign direct investment investor overseas secondary market purchases Global Depository Receipts American FD

shared by newyorknix on 05 Apr 10 - Cached
  • newyorknix on 05 Apr 10
     
    The two biggest lenders of India, ICICI Bank and HDFC Bank will be treated as foreign banks from now. Both the banks have a situation of overseas investors owning more than 51% equity. The government finally decided not to carry anymore changes to its new policy on overseas investment. The Govern
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