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SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS

This is a discussion on SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; I strongly blieve that India should open its financeial sector for foreign players,.... and the focus should be given to ...

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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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deepakhm
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 8th, 2008

I strongly blieve that India should open its financeial sector for foreign players,.... and the focus should be given to 'Micro-Finance', b'coz this will give self employment and technology improvement in below povery line sector.... and rural sector

As the economy is in boom, and foreign investors are keen to invest money in India, we also should take the opportunity to use the funds for development, instead of showing our unablity to manage the same

regards

Deepak
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 9th, 2008

There is no harm in opening the financial sectors to foreign players...this will not only bring in more prefessionalism and customer satisfaction from abroad...but also will help the local players to come up with somethinf good when they sense competition.....




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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 9th, 2008

More than just opening up of FDI doors a proper framework and regulatory approvals is needed. I think the Financial Sector should be divided into Banking and Non-Banking Financial Services. I think the existing caps should be maintained. There is no need to go in for 100% FDI cap


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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 10th, 2008

i think india need not open opertunities for foriegn players in financial sector because there are lot of indian player in this sector and they are moving very well , and one more thing is we should reduce the dependency on other contries to servive in global recission times.......
   
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 13th, 2008

ye sthere has to be a growth enhancement
   
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 13th, 2008

ya abha its good topic
labour market means more job correct, but there no education level in our country for those jobs which tey would offering only few could reach tat job
currently many of indians are working aboard
i think this is not the point 2 open an economy, currently us orgainisation prefer indian employees more bcause of low labour cost and more work...
and opening of economy would help in developing more SEZ which our country politics......
   
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 13th, 2008

well my qn is "Y NT"... we all hav a dream of "INDIA 2020" , to achive that dream, we need immense infrastructure,,, high percapita income... above all a highly stable and active economy.. and how is it possible to achieve all this without allowin foreign players..
what we need is not just Competition or Co-operation.. but
"CO-OPETITION"...
lets break walls around us... not jst to allow others to come in.. but for us to go out and give them a fight.. afterall what we need is not just perfection but excellence in every field......
   
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - February 13th, 2008

Yes Financial sector can be opened for Foreign players provided that Indians have atleast 51% labour market in Inida and as well abroad. Instead of U.S, if the inidans are opened for U.K labour, they it would be quite better coz U.S dollar is depreciating and U.K pound is as always appreciating and still Rs. 83 for one pound.

isnt that cool ...?

thanks....good work buddy..


cheers !

shailu
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - April 29th, 2008

Yes It will bring the computation in the country
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Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS - June 7th, 2008

NO INDIA SHOULD NOT OPEN AS INDIA IS FINANCIALLY STILL NOT VERY SOUND TO ABSORB ANY MAJOR FIB\NANCIAL SHOCK OR SCAM.IT NEEDS TO MATURE
   
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