If the Indian economy needs to sustain its growth momentum in the coming decade, developing world-class infrastructure facilities is of paramount importance. Traditionally in India, a significant portion of debt requirement for financing infrastructure has been met by borrowing from domestic banks.
Tag: Commercial Bank
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First and Only Chinese Mainland Bank in India
Industrial and Commercial Bank of China Limited, Mumbai Branch (Hereinafter referred to as ¨the Branch¨) is the first and only representative of Chinese mainland banks in India and was granted the final license by Reserve Bank of India on May 16, 2011.