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Home » Foreign Banks in India » The Royal Bank of Scotland India | |||||||||||||||||
The Royal Bank of Scotland India |
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In India, Royal Bank of Scotland (RBS) offers a wide product suite for its Commercial Customers including cash management, trade services, working capital facilities, derivatives, structured finance, foreign exchange, fixed income, corporate finance and equity capital markets transactions. |
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Asset Management is among the fastest growing asset managers, with just two years of operations in the country. RBS have ever-increasing distribution and aim to emerge as a leading player in the Indian asset management industry. Leveraging the Group's comprehensive research and diverse range of investment products, RBS offer its clients investment options in fixed income, equities, money markets and structured products. |
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Foreign Banks like Royal Bank of Scotland 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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