India – Pakistan Bank branches – still, yet to. . .

Two years ago, there was an exciting news of India and Pakistan agreeing to open bank branches in each other’s country.

The operation is yet to take place and we still keep reading that these two countries plan to open the branches.
Blame it on . . .?

India – Pakistan banking links!

A great news is here today.

THE central banks of India and Pakistan have agreed to grant permission to two branches of commercial banks to start services in each other’s country, on a reciprocal basis.

Read the news here

Bank jobs outside the banks

Global knowledge revolution – the talk of the time!

But what is more disturbing to the West is the knowledge concentration in Indians. They say – the rise of a globally integrated knowledge economy is a blessing for developing nations. This article in Business Week talks about sending upscale jobs offshore, especially to India and the eastern countries.

But it is not only the accounting and banking jobs, also, medical and insurance jobs have crossed shores now. The revolution is to be watched closely, with particular reference to India.

Most of the earlier booms have burst as bubbles. The dot coms were one.

IMP. NOTE : This blog was started on Sep.17, 2005. The above post is typed and inserted into this blog from my diary entry of the same date as the date of posting.