Accountancy, asked by umeshuk5877239, 9 hours ago

Dintinguinsh Indian Bank & Foreign Bank

Answers

Answered by sareermalik2003
3

Answer:

The headquarters of Indian banks are located in India whereas the foreign banks have headquarters outside.

Answered by Anonymous
5

Answer:

An Indian bank is one which has been established in India as per Indian Companies act 2013 or Indian Companies act 1956. Banks established in India can also open branches in foreign countries with permission from relevant authorities in those countries

A foreign bank is one which has been established in foreign country as per the act prevailing in that country; however, it has branches in India as permitted by RBI as per the laws in force in India

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