Why doesn’t India have universal banks like those in the West (e.g., JPMorgan Chase, HSBC, Citibank) that operate across multiple countries?
Havish Gupta
Figuring Out • 24d
Indian Banks do have international branches (as you can see in the comments). The issue is that none of the Indian Banks are attractive as the existing banks in the west. This is because of bad service and lack of proper marketing.
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