Question
As of March 2023, how many foreign bank branches are
giving their services in India?Solution
There are a total of 46 foreign banks in India as of now as per the RBI. The list includes American Express Banking Corporation, Barclays Bank Plc, Bank of America, Bank of Bahrain & Kuwait BSC, Citibank N.A, Deutsche Bank, DBS Bank India Limited, Emirates Bank NBD, HSBC Ltd, Industrial & Commercial Bank of China Ltd., Standard Chartered Bank, and others.
Under Section 59 of the Sale of Goods Act, 1930 (Risk and Ownership):
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