News for 'qfb'

Singapore to give full bank status to SBI, ICICI

Panel to look into SBI row with Singapore

India has questioned Singapore's decision to not to grant qualifying full banking status to the State Bank of India. The two countries have asked their monetary authorities to set up a committee to look into the matter.

Banking imbroglio holds up India, Singapore trade pact review

The main issue has been that of a higher Asset Management Ratio as has been prescribed by the Monetary Authority of Singapore for qualifying full banks from India.