A Study of Financial Services provided by Foreign Financial Institutions (FFIs) Operating in India consistently during the period 2003-04 to 2012-13 with reference to India’s Foreign Trade
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2016, Vol 4, Issue 7
Abstract
Both domestic and foreign trade needs financial services at each and every step of the business cycle. This role is carried out by both domestic as well as Foreign Financial Institutions (FFIs). This paper aims to take a review of financial services provided by FFIs operating in India based on four major hypothesis. For this research study, 24 FFIs operating in India consistently as per “Profile of Banks” published by RBI, out of the universe consisting of 43 FFIs and 43 representative offices of FFIs in India between 2003-04 and 2012-13(ten years observation period), are considered. This paper broadly covers foreign financial institutions having legal entity and financial roots primarily in home country and entered in India for tapping Indian financial market for providing financial services in the form of term loans, cash credit, bridge loans, investments and funding for business activities(business financing operations) .
Authors and Affiliations
Mr. Ashok Vasant Edurkar, Dr. Dattatrya G. Chougule
Keywords
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