RBI issues licence to bank of China to operate in India

[kittaya]

Minnesota money tho ne ga vyaparam...

[Sarvapindii]

On 7/4/2018 at 10:20 PM, Mitron said:

RBI grants licence to Bank of China to set up its first branch in India

 

The Reserve Bank of India has issued licence to Bank of China to launch operations in India, official sources said today.

Prime Minister Narendra Modi had made a commitment to Chinese President Xi Jinping to allow Bank of China to set up branches in India when they met on the sidelines of the SCO summit in Chinese city of Qingdao last month.

"The RBI has issued licence to Bank of China to set up its first branch in India. It was a commitment made by the Prime Minister to the President of China," said a source.

Bank of China is one of the very few state-owned commercial banks in China.

India and China have been focusing on expanding their economic ties notwithstanding differences on several sticky issues including on the boundary dispute.

After last year's Doklam standoff, both the countries have stepped up dialogue at various levels to reset the ties.

Meanwhile, the sources said Chinese Defence Minister Wei Fenghe is scheduled to visit India soon and both sides are in the process of finalising the dates.

 

https://www.businesstoday.in/sectors/banks/rbi-grants-licence-to-bank-of-china-to-set-up-branch-in-india/story/279898.html

When did CBN go to China to make this deal @psycopk anna ?

[psycopk]

1 minute ago, Sarvapindii said:

When did CBN go to China to make this deal @psycopk anna ?

Tiktok personal data collecting ani ban chesina chekka banks ni allowing… great intelligent fellow

[MiryalgudaMaruthiRao]

[Sarvapindii]

15 minutes ago, psycopk said:

Tiktok personal data collecting ani ban chesina chekka banks ni allowing… great intelligent fellow

Credit always goes to @C . B . N

[psycopk]

18 minutes ago, Sarvapindii said:

Credit always goes to @C . B . N

Kadu ante matram nuvvu agutava endi.. enjoy

[pichhipullayya]

1 hour ago, psycopk said:

Tiktok personal data collecting ani ban chesina chekka banks ni allowing… great intelligent fellow

Vallu vachhi Sujana chowdary ki appu ista ante voddu anadam enduku

[Picheshwar]

1 hour ago, MiryalgudaMaruthiRao said:

[Sarvapindii]

1 hour ago, psycopk said:

Kadu ante matram nuvvu agutava endi.. enjoy