High-level panel takes up proposals of foreign banks
The Political and Business Daily
|January 03, 2026
AN Inter-Departmental Committee, headed by the Union Secretary, Financial Services, M. Nagaraju, met here on Friday to consider the proposals of foreign banks wanting to set up branches in India.
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The meeting was attended by officials of the member ministries, including Home Affairs and External Affairs, as well as the Department of Commerce and the Reserve Bank of India (RBI). The meeting was convened to consider proposals received from the RBI in respect of foreign banks keen on open
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