Foreign banks operate in India, just the way the local banks do. They are bound by all the rules and regulations that are applicable to banks based out of India and they are governed by the Reserve Bank of India that controls/governs all banks operating in India. Some of the foreign banks that operate in India are:
1. Citibank
2. HSBC
3. Standard Chartered
4. Barclays
6. Credit Suisse
7. Etc.
State Bank of India has maximum ATM across India.
Depends on the current foreign exchange rate. Ask your bank.
2crore
10000
$500billion
India $48,663,320,000.00 stood 3rd in place
32 billion dollar
According to this US government website, $98,000,000 in 2011. $126 million was given in 2010.
The Reserve Bank of India monitors the cash balance of different bank. The Reserve Bank sees that the banks give loans not just to earn profit but also to the small cultivators and small scale industries. The Reserve Bank of India sees that the different banks periodically submit information to it about how much they are lending to whom and at what interest rate. Such supervision is necessary keep them under control and also to see that there is no mismanagement or misappropriation of any kind in their working.
State Bank of Pakistan (the central bank) publishes the home-remittance figures. The data of foreign home remittances can be seen in the link on related links.
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The U.S. should not give foreign aid. When we attacked Hiroshima what did we do next? We rebuilt them, why? To allow them to attack us again of course. India is its own country, why send so much money to a foreign place that doesn't seem to get any better, when the streets and slums of the U.S. could use the money better?