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Foreign banks in India outperform local banks, revolutionizing financial landscape.

Asian Journal of Research in Banking and Finance
Financial Performance of Foreign Banks in India: A Study
Ankush Bhargava, Manisha Verma

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Foreign banks in India have shown significant financial performance post-liberalization, with potential to impact the banking sector. A study focused on ten foreign banks found variations in performance, profitability, and growth rates. The study identified operational inefficiencies and suggested measures for improvement. Banks with professional management attracted more customers and grew faster than others.