- India Financial Services
In the context of the EC-funded EU-India Joint Initiative to Enhance
Trade and Investment (an initiative launched at the political
summit between the EC and the Indian Government in Lisbon in June
2000 in order to investigate the reasons behind the limited trade
flows and FDI between Europe and India), TAC was in charge of
looking into the details of the Indian banking and life insurance
industries. This included a thorough review of the regulatory
aspects and current changes, a look at the major Indian participants
in these financial activities, the type of competition and the
role and place of foreign participants (see details on the dedicated
website www.trade-invest.org).
The following graph is an illustration of patterns of businesses by foreign banks in India

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