Commitment of Government of India With World Trade Organisation (Wto) For Regulation on Issue of Licences And Opening of Branches of Foreign Banks in the Country https://www.taxtmi.com/news?id=14188 India's WTO financial services commitment caps collective annual branch approvals for foreign banks and makes new branch licences contingent on the combined on and off balance sheet asset share of foreign bank branches relative to the banking system; the RBI allocates centres to foreign banks under an inclusive banking policy and foreign banks receive universal banking licences when authorised. en-us Sat, 14 Mar 2015 11:57:43 +0530 Sat, 14 Mar 2015 11:57:43 +0530 TaxTMI RSS Generator Commitment of Government of India With World Trade Organisation (Wto) For Regulation on Issue of Licences And Opening of Branches of Foreign Banks in the Country https://www.taxtmi.com/news?id=14188 India's WTO financial services commitment caps collective annual branch approvals for foreign banks and makes new branch licences contingent on the combined on and off balance sheet asset share of foreign bank branches relative to the banking system; the RBI allocates centres to foreign banks under an inclusive banking policy and foreign banks receive universal banking licences when authorised. News - Sat, 14 Mar 2015 11:57:43 +0530 https://www.taxtmi.com/news?id=14188