The Reserve Bank of India is the central bank of the country since 1934. It regulates the Indian banking sector, controls credit, issues licenses and functions as a banker of all banks and the government. The State Bank of India is the oldest, largest and most succesful commercial bank in the country and offers the widest range of domestic and international products and services.
Some of the key international banks in India include:
Some leading Indian banks include:
For a complete listing of all banks in India, click here.
For a more detailed understanding of the banking system in India, please click here.
Update 24/10/2008
If you want to move money abroad, from India or to India for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.