As we know many Indian Banks are opening their branches in foreign countries these days. What in your opinion is/are the reasons owing to which these banks are willing to open branches in foreign countries ? India has the largest network of bank branches in the world. Hence other nations also wish to take advantage of their services. Indian Banks get an opportunity to raise foreign currency funds and also the experience funding joint ventures of multinationals. This prompts them to open their branches in foreign nations. As many foreign banks are functioning in India, India in turn is also required to open equal number of branches in foreign countries. Hence Indian Banks are opening branches in these countries.

• A. Only 1
• B. Only 2
• C. Only 3
• D. Only 1 and 2
• E. None of these