Thursday, January 19, 2023

British banks in India may get breathing space with new amendment

A Bill has been moved to let the Bank of England (BoE) give more time to crucial market infrastructure institutions (MIIs) outside the UK --- like the Clearing Corporation of India (CCIL) ---- to come under a new regime.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/british-banks-in-india-may-get-breathing-space-with-new-amendment/articleshow/97142132.cms

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