Skip to main content

Globalisation of Financial Services

The increase in foreign ownership of banks in emerging markets is one facet of the ongoing consolidation of banking systems in both mature and emerging markets. The franchise value of banking license reflects the discounted value of the net profits. That bank would be expected to earn over time. For instance, telephone and electronic banking, have been widely used by foreign banks to gain market penetration in European markets and more recently in emerging markets, especially in Asia.
Labels:

Comments

Post a Comment

Also read

Politics - A profession

Note: This article was originally published on 18 March 2009, 01:10 on this blog and has been thoughtfully revised on 30 January 2026, 12:00 noon to reflect fresh insights and updated context. This post is loosely inspired by the  TATA Tea a d  where this politician goes to ask for votes and a voter asks him for his qualification and work experience the the important 'job' that he is embarking upon. The politician laughs at the voter, asking him what job is the voter referring to. The voter responds, "The job to run the country". Do politicians in other countries view politics as a profession? Or is politics viewed similarly across international boundaries? The best way of course to find out is go to that ever useful tool for professionals - LinkedIn.  Here are the results: Barrack Obama Hillary Clinton Sarah Palin The apparently technologically challenged Senator   John McCain. I also came across many politicians, prime ministers who have LinkedIn profiles. While ...
30 comments
Read more

Epitome of equality

First of all This is not to demean any religion.. I am a Hindu by birth, but yes I respect all religions .I offer my daily prayers , fast on holy days , but there was something that was disturbing me . God as per me was a Friend, someone who was by my side always , someone who was a dear friend , but this is not what everyone else thought , for others he was the Judge who gives his verdict always and punishes anyone and everyone . Walk into any temple and you would see , if you have money , you will be treated in a way as if you are the ONLY disciple of the God . I have had too many experiences where I was treated as a second class citizen in the temple . Why? Well I could not afford giving thousands as donation. This is not how it should be , God looks at each one of us with the same divinity .As I mentioned God for me is a friend, so tell me, do we chose friends based on their bank balances? Do we give our verdict on them ? then how can God do it? I know many of us would ...
32 comments
Read more

Does India need communal parties?

I think, it was Tan's post on this blog itself, Republic Day Event, where this question was raised. My answer. YES. we need communal parties even in Independent, Secular India. Now let me take you, back to events before 1947. When India was a colony of the British Empire. The congress party, in its attempt to gain momentum for the independence movement, heavily used Hinduism, an example of which is the famous Ganesh Utsav held in Mumbai every year. Who complains? No one. But at that time, due to various policies of the congress, Muslims started feeling alienated. Jinnah, in these times, got stubborn over the need of Pakistan and he did find a lot of supporters. Congress, up till late 1940's never got bothered by it. And why should we? Who complains? No one. But there were repercussions. The way people were butchered and slaughtered during that brief time when India got partitioned, was even worse than a civil war scenario. All in the name of religion. And there indeed was cr...
40 comments
Read more