bank of baroda
What is the difference between bank loan and bank credit?
if they have a branch in Indian
advantages & disadvantages of foreign banks in India
no. however you might be able to arrange a funds transfer between your bank and the foreign bank.
bank of baroda
State Bank of India
A foreign bank is one from another country as opposed to a bank from your own country. An intenational bank is one that operates in many different countries. A foreign bank can also be an international bank. A bank from your country can also be an international bank if it operates in other countries too. In those countries it would be regarded as being a foreign bank.
A Bank-guarantee is a Banking Instrument through which a Bank indemnifies the client against any default committed by the supplier against a contract. A bank can give BG to another bank on behalf of a client of the beneficiary bank. Secondly, a Bank can give BG to a beneficiary on behalf of another Bank. For example, suppose a client in USA does not accept a BG from an Indian Bank. What will the Indian supplier do then if he doesnt have an account in a reputed foreign bank. In such a case, the client will approach an Indian Bank for the BG. The Indian Bank will then approach a reputed foreign bank for the counter BG. The foreign Bank will issue a BG in favour of the client on behalf of the Indian Bank. Alternatively, the foreign bank, instead of issuing a BG, can stand guarantee to the BG issued by the Indian Bank to the client in USA.
What is the difference between bank loan and bank credit?
if they have a branch in Indian
advantages & disadvantages of foreign banks in India
State Bank of India has the most branches at 130.
no. however you might be able to arrange a funds transfer between your bank and the foreign bank.
difference between modern and traditional banking is
difference between non bank and commercial bank?
Bank = nounBanking = Verb