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Home » Foreign Banks in India » Oman International Bank India | |||||||||||||||||
Oman International Bank |
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Oman International Bank (OIB) came into existence on 1st January 1984 as the first 100% Omani owned commercial bank in the Sultanate. OIB receiving its license to open and operates first branch in Mumbai on 1983 and expanded its operation to Kochi now. Today, many of India's top Corporate – both domestic and multinationals bank on OIB to meet their specialized corporate banking requirements. OIB's NRI Service offers a diverse range of benefits for NRI's based in Oman. Enjoy free telex transfer facilities, special exchange rates, speedy remittances in India , UTI services and NRI Public Issue schemes. |
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OIB is Oman 's only bank with a dedicated NRI Service Centre, fully equipped to handle your finances the way you see fit. The OIB small business bankers will assist you in structuring financing packages, which take into consideration your limited time and scarce in-house resources. OIB offer all the products and services offered by the bank as well as providing a personalized service in coordination with your local branch. |
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Foreign Banks like Oman International Bank in India always brought an explanation about the prompt services to customers. After the set up foreign banks in India, the banking sector in India also become competitive and accretive. New rules announced by the Reserve Bank of India (RBI) for the foreign banks in India in Budget 2009 has put up great hopes among foreign banks which allows them to grow unfettered. Now foreign
banks in India are permitted to set up local subsidiaries. The policy
conveys that foreign banks in India may not acquire Indian ones (except for
weak banks identified by the
RBI,
on its terms) and their Indian subsidiaries will not be able to open
branches freely. Please see the list of
Foreign banks in India
till date. |
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