{"id":2494,"date":"2013-06-01T12:29:58","date_gmt":"2013-06-01T12:29:58","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=2494"},"modified":"2013-06-01T12:29:58","modified_gmt":"2013-06-01T12:29:58","slug":"four-iranian-banks-plan-to-open-branches-in-india","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/four-iranian-banks-plan-to-open-branches-in-india\/","title":{"rendered":"Four Iranian banks plan to open branches in India"},"content":{"rendered":"<p><a href=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/esl-bank-banner.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/esl-bank-banner-300x225.jpg\" alt=\"\" title=\"esl-bank-banner\" width=\"300\" height=\"225\" class=\"alignleft size-medium wp-image-2495\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/esl-bank-banner-300x225.jpg 300w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/esl-bank-banner.jpg 373w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>A top Iranian diplomat today said at least four banks from the Middle East country are interested in setting up shop in India, but are facing difficulties due to regulations. <\/p>\n<p>&#8220;Four Iranian banks look forward to opening branches in India. However, due to the cumbersome procedures and guidelines of the RBI, they are unable to start operations,&#8221; Masood E Khaleghi, its Consul General said while speaking at a function organised by industry lobby All India Association of Industries (AIAI) here. <\/p>\n<p>In a statement, the AIAI further quoted Khaleghi as saying that a delegation of Irani officials recently met officials from the Union Ministry of Finance and the Reserve Bank of India with regard to the same. <\/p>\n<p>It can be noted that India, which imports crude oil from the global sanctions-affected Iran, is currently facing troubles settling the payments due to the sanctions. <\/p>\n<p>Speaking at the event, which had a high level business delegation from Iran&#8217;s Azarbaijan Province in attendance, Khaleghi said the Indo-Iran bilateral trade, which stands at USD 15.9 billion at present, cannot cross the USD 60 billion mark. <\/p>\n<p>&#8220;The high tariff structure maintained by India restricts further growth, which needs to be rationalised as preferential tariff system between India and Iran shall boost trade ties between the nations,&#8221; the AIAI statement quoted Khaleghi as saying. <\/p>\n<p>At the event, Mumbai&#8217;s World Trade Centre and AIAI signed separate memorandums of understanding with the Urumieh Chamber of Commerce, Industry and Mines to facilitate trade promotion between the two countries.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Ffour-iranian-banks-plan-to-open-branches-in-india%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>A top Iranian diplomat today said at least four banks from the Middle East country are interested in setting up shop in India, but are facing difficulties due to regulations&#8230;. <a class=\"meta-more\" href=\"https:\/\/www.franchisemart.in\/franchise\/four-iranian-banks-plan-to-open-branches-in-india\/\">Read more <span class=\"meta-nav\">&raquo;<\/span><\/a><\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Ffour-iranian-banks-plan-to-open-branches-in-india%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2494","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=2494"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2494\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=2494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=2494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=2494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}