Global Trade Alert
Global Trade Alert

India: Increased priority lending limit for foreign banks with more than 20 branches

Announcement

20 Jul 2012

In July 2012, the government of India announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Jul 2012

Revocation date:

No revocation date

Last action: 20 Jul 2012
FDI: Treatment and operations, nes In force
On 20 July 2012, the Reserve Bank of India in a notification titled "Priority Sector Lending - Targets and Classification" increased the targets for priority sector lending by foreign banks with more...
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