Global Integration of BFSI

• The foreign share of bank assets in most industrialized countries remains at or below 10 percent which shows the banking
industry appears today to be far from globally integrated, particularly in industrialized countries.
• Many observers believe that significant global integration is under way in the banking industry and that, in the coming
years, individual banks will expand their reach into many countries.
• These observers expect that many national banking markets will develop large foreign components; as that happens, the
nationality of a bank in such a market will matter little to prospective customers.
• The barriers to global integration in the banking industry have been significantly reduced over the past two decades.
Among the contributing factors have been the lifting of regulatory restrictions on cross border banking, technological
advances that allow for better management of financial institutions across borders, and increases in nonfinancial activities
that create demands for international banking services.
Indian banks Overseas

Overseas bank in India