Foreign banks to enter the rural India: Foreign banks in India were asked to conduct business in rural areas! Citigroup's new headquartersIndian subsidiary will be completed soon. Headquarters in the lobby by the stone brick laser engraving, elevator imported from Finland, it Nike Air Max is also crazy pass pizza NIKE KD 6 NSW chain will open stores in London that. The whole building including the cost of buying land, including more than 300 million US dollars. A large part of the money will be paid as a primary owner Nike Air Jordan 11 Women Citigroup. Rumors (unconfirmed) Citigroup Nike Hyperdunk 2014 boss, who was born in India Lebron James Vikram \u0026 bull; Pandit has bought a mansion in the vicinity. This ostentation is the attitude and the strength of a performance but myself. Both of which Citigroup also used to describe two other big foreign banks \u0026 mdash; \u0026 mdash; Standard Chartered Bank and HSBC \u0026 mdash; \u0026 mdash; business in India also spoke in the past. Major customers of the three Cheap Nike Free Outlet banks in town are investors, businessmen and the wealthy; Nike Lebron 11 Kid three combined pre-tax profit up to $ 2.2 billion. Yes, they also have to make mistakes \u0026 Nike Kids Sneakers mdash; \u0026 mdash; Citigroup and HSBC have not considered proper and dived into the consumer finance field. But the three Indian subsidiary is one of their best performance of the business. And three banks are doing well, although only 0.3% of the number of banks in India banking, loans may also account for only 5% of the total, but the profit is very substantial, accounting for 11% of the total. Imagine then, the future had to go into the rural areas of India, the three banks the more fear. By VS Naipaul's words, India's rural Nike Air Max 2014 1234 farmers everywhere in labor. Local Indian banks now want to follow this provision. In addition be sure to use a quarter of the savings to buy government bonds outside (to help the deficit countries), which the \u0026 ldquo; Air Jordan Outlet Key \u0026 rdquo; sectors (mainly agriculture and smaller enterprises) loans to 40% of the total . Such loans were easier to breach of contract, it will Nike Zoom KD V be affected by political intervention. Based on past experience, the loan will focus on the bank's profit decrease Nike LeBron 12 fifth. While foreign banks must also hold large bond, but so far the focus for their more relaxed lending rules. Key indicators of foreign bank loans of only 32% of the total, and unlike domestic banks, they can do most of the indicators by export credit (usually in a good performance for trading companies involved). Now, regulators want the Reserve Bank of India has more than 20 branches of foreign banks in India to follow the local rules. This refers to the fact that three big banks. One big man said, these provisions would in India business is harder than Chinese. It is easy to sympathize with these foreign banks, they know nothing about the situation in rural areas. Only 21 foreign bank ATMs in rural India population of eight hundred thirty million. However, the Reserve Bank of India's position is understandable. Since 70 percent of peasant families are not entitled to formal financial services, so why large foreign banks treated differently? There are a harder question to answer, and that is the focus of the loan is valid. Key lending will make infrastructure and manufacturing sectors which create jobs, while very weak field loss loans. Back in the late 1960s, India began Nike Air Jordan 29 to focus on the implementation of the loan, but it has been little achievements in poverty reduction. But now the authorities have strongly Nike Hyperchaos Shoes 2013 supported the measure. Authorities certainly hope that some innovation \u0026 mdash; \u0026 mdash; such as electronic identity cards, applications for mobile devices and more credit institutions \u0026 mdash; \u0026 mdash; can Womens Nike Lunar Hyperdunk Low make the system better for the bank and the poor service. It seems exaggerated luxury in Mumbai office, people eating pizza and some questions to ponder. By The Economist Via i horse Translation: contrary