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.
Feb 3, 2015