Top Indian corporates scramble for bank licences; China expands x-border FX pilots; RBI secures FATCA exemption for small India banks
Reliance Industries, Aditya Birla Group, and Bharti Enterprises rushed to make a deadline to apply for bank licences in India; China's State Administration of Foreign Exchange has expanded pilots for cross-border foreign exchange; and the Reserve Bank of India has secured FATCA exemptions for small India banks.
India’s top firms scramble to hit bank licence deadline
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