Hey I am on Medial • 3m
India DOES have universal banks with international operations, they're just Indian-owned. ICICI operates in 17 countries. SBI has 233 offices in 37 countries. Axis Bank is expanding globally too. The difference is they started as Indian banks that went global, rather than global banks that entered India. Shows how India's economic development timeline, our major banks went international exactly when our economy and companies did. Foreign banks struggle because they arrived late to a market where relationships matter tremendously. Bank of America or HSBC can't compete with the generational trust Indians have with SBI or PNB. It's not about regulations; it's about customer psychology and timing.
Founder-Hexpertify.c... • 1y
“Modi’s 2 Billion Dollar Scam” Big Fat Corporate Scandal #3 Nirav Modi’s PNB loan Scam Nirav modi is a prominent jeweler with global presence.Punjab National Bank officials at a Mumbai branch colluded with Nirav Modi and his uncle Mehul Choksi to i
See MoreGareeb Investor • 9m
How can Indian startups strategically expand into global markets, leveraging their unique strengths, navigating international competition, and overcoming challenges related to regulatory frameworks, cultural differences, and market dynamics, to achie
See MoreFounder - Burn Inves... • 5h
Indian banks had a strong run in FY25 with profits touching new highs public sector banks made over 1.78 lakh crore in profits and SBI alone made up nearly 40% of that. But things are starting to slow down loan growth was the weakest in four years a
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Dexter Capital Advisors • 1y
Imagine a bank hiring 500 people, and laying off way more than that next year 📛📛 It’s very very uncommon. And yet here we are! .. What has happened? -> YES BANK has laid off about 500 people with a three-month severance pay, and more layoffs mi
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