EU banks can open 15 branches over four years under FTA with India
India has agreed to allow European Union (EU) banks to open 15 branches over four years under the free trade agreement, the commerce ministry said.
India has agreed to allow European Union (EU) banks to open 15 branches over four years under the free trade agreement, the commerce ministry said.
At present, European banks that operate in India include Deutsche Bank (Germany), BNP Paribas (France), and Societe Generale (France).
India and the European Union (EU) on Tuesday announced the conclusion of a free trade agreement (FTA). It is expected to be signed and implemented this year.
