International Dimensions of Indian Banking

G R Kulkarni During the last few years, Indian banks have shown growing interest in internationalising their business activities. Several new offices have been opened in foreign countries. Funds have been raised and disbursed in terms of foreign currencies. A wide range of international banking services have been offered, and the growing list of customers includes Indians as well as non-Indains abroad. Funds have been provided for trading with or by India, as also for economic development in India and other countries. Funds have been raised and disbursed unilate ally as well as in association with other Indian and non-Indian banks.