What are Foreign Banks?

8. What are Foreign Banks?

  1. The central bank and regulatory body and are responsible for the issue and supply of the Indian rupee
  2. Banks are owned by either individual or general partners with a limited partner
  3. A financial institution that accepts deposits
  4. Type of international bank that is required to obey both the home and host country's legislation

Answer: D) Type of international bank that is required to obey both the home and host country's legislation

Explanation:

A foreign bank office is a kind of global bank that is needed to obey both the home and host nation's regulations. Unfamiliar bank offices can give bigger credits than auxiliary banks because their advance limits are reliant upon all-out bank capital.

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