Did you know?
India has finally opened up its insurance
sector to private and foreign investors. See report.
foreign investors in Indian stock markets
J.P. Morgan, Morgan Stanley, Grindlays,
Standard Chartered, HSBC,
American Express are among the foreign financial giants operating
Financial services (banking and non-banking)
has one of the most developed financial markets in the developing
world. Tremendous scope exists for both banking and non-banking
financial institutions from other countries. The insurance sector,
nationalised suinmce 1971, has been opened up according to an
announcenebt made in November 1998. A legislation to to this effect
is expected by early 1999.
companies from the United Kingdom and the United States among
others are already active in India's financial markets. markets.
Some of the big names are: Merrill Lynch, Oppenheimer, J.P. Morgan,
Morgan Stanley, Grindlays, Standard Chartered, Hong Kong and Shanghai
Banking Corporation among others.
sector to open up
to secondary market reforms
Go to stock markets report and stock exchange
Opportunities for foreign
investors in stock markets