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Essay's paper info
Topic: Business
Number of pages / Number of words: 9 / 2432
Essay's paper body

So, it is fair

to ask: is it time now to open up to

foreign banks?

This question can be broken up

into two parts. One, is a larger foreign

bank presence in the country desirable or,

to put it differently, what are the benefits

and costs that go with such a presence?

Two, assuming that we do not want

foreign banks to overrun the sector and

that some Indian ownership is desirable,

how well prepared are Indian banks to

cope with foreign competition? In this

article, I will confine myself to the first

question; the second I will reserve for a

later column...


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The first thing to

note is that, among developing economies,

India falls in the category of economies in

which the share of banking assets held by

foreign banks with majority ownership is

on the lower side – under 10 per cent in

2006. India has for company China, Vietnam,

South Africa, Thailand, Philippines

and even Turkey, among others...


Essay fragment

General points of the essay

Open Uneversity open house Is It Time to Open Up Open News Is it prime time or all the time? Telemakhos in the Open Sea The Open Boat Explain Real Time Media’s Influence on Foreign Policy Case Study: Two Big Banks?? Broken Back Office OPEN EYES Open Arms Time Management: Putting Time On Your Side 1. “You cannot please all of the people all of the time, so to be fair we should try to please no one.” Do you agree? Open Up Do not open this.Nothing necessary

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