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PARSIAN BANK
India, Iran need to take swift steps to bolster trade: FIEOThe Federation of Indian Export Organisations (FIEO) has demanded a significant cut in import duty by Iran on basmati rice.- Industry asks RBI to permit Iranian banks open branches hereFive Iranian banks- Bank Pasargad, Saman Bank, Parsian Bank, Sarmayeh Bank and Eghtesad Novin Bank have applied to open branches in India b...
- India and Iran can start a new chapter in banking: Sarosh Zaiwalla"Iran and India have had a very strong relationship which has further grown during the time of unprecedented sanctions," he says.
- Iran to India: Reactivate bank accounts with Indian banks, allow Iranian banks to open branchesFreed of international sanctions, Iran has asked India to reactivate its accounts with Indian banks and allow Iranian banks to open offices...
- India-Iran trade partnership: Delhi and Tehran to host each other’s bank branchesIran’s Pasargad and Parsian banks will open branches in Mumbai and Delhi and Saman Bank will also do banking activity in India independentl...
- Uco Bank seeks business after lifting of sanctions on IranThe Uco team visited Central Bank of Iran and officials from leading commercial banks in Iran such as Bank Parsian and Bank Pasargad.
- Iran to include Indian tea in top import listTea Board of India has now decided to promote Indian tea in tier-II cities of Iran.
- Finance Ministry says no to Iranian bank's plan to open branch in IndiaThe Finance Ministry has declined permission to Iran's Parsian Bank to open a branch in India apparently due to security concerns and threa...
- Indian tea industry asks Iran to Rupee-Rial agreementThe Indian tea industry has asked the Iranian government to maintain the Rupee-Rial agreement and keep it outside normal foreign exchange r...
- Trade with India to touch $24 billion in medium-term, says Tehran ChamberBusinessmen from Iran expressed hope that bilateral trade with New Delhi will go up to $24 billion in the medium-term from the present $14 ...
- Payment settlement still a problem for India-Iran tradeFinding a suitable payment mechanism in the wake of US sanctions still remains a big problem for the bilateral trade between India and Iran.
- India to scale up eco ties with Iran; trade pact under studyIndia today gave a strong signal that it would rather scale up its commercial engagement with Tehran possibly through a bilateral preferent...
- India for trade with Iran on items outside sanctionsAmidst US pressure to cut oil imports from Iran, India today asked a visiting Iranian business delegation to focus on trade items which do ...
- There is a need to rework Indo-Iran rupee tradeThough Indian traders may require partial advance payment as security, will Iranians agree until there is well defined process for settleme...
- Allow advance payment for trade with Iran: Exportersndian exporters to Iran have asked the government to modify the new payments mechanism worked out by the two countries to provide for advan...
- Exporters may face losses as Iranian currency rial depreciatesIndian exporters who routed goods through transit ports like Dubai are worried that they may be forced to give heavy discounts to buyers.
- Iranian Bank may open Rupee account with UCO to facilitate tradeIt is learnt that names of Iranian pvt banks such as Bank Parsian & Karafarin Bank were discussed at the meetings between bureaucrats & reg...
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