Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
Posted: 19/Sep/2007 at 1:48pm
yes this is a big news....now royal bank of scotland has also entered india and their new office is being contructed opposite to my office....from watever i have heard the real show will begin from feb-mar 2008
If you aren't fired with enthusiasm, you will be fired with enthusiasm.
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 19/Sep/2007 at 8:21am
Originally posted by abrar19
why only five indian private banks?
what about like Bank of rajasthan, federal bank and south india bk etc.
Just think whether any big global bank would be interested in a regional Bank? People would look for pan india presence and not any regional bank which is localised in any specific state or cluster.
Peter Lynch says never buy for take over but buy the best company in the industry and returns will follow. He said that in his experience takeover always came asa surprise.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Ok noforeign banks but apana ICICI or Relcap can buy or would buy these regional banks.But iIsee an election in between and if people like Karat etc get to do what they are doing right now, don't be surprised if these 2009 reforms too are pushed back for another 3 years
Joined: 03/Jul/2007
Location: India
Online Status: Offline
Posts: 570
Posted: 22/Sep/2007 at 9:47pm
Thanks a lot Basant Jee for providing that informative link. It gave me a clear idea about the guidelines and regulations pertaining to Foreign banks operations after 2009 onwards. But again it will depend on these politicians. Who knows they will push it for another few years.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
