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Originally Posted by Chris T
Maybe it's simply not possible for people not of Indian descent to open an account while not resident in India? I would have thought it extremely unlikely that an ex-pat of any nationality would be barred from holding an account at an Indian bank while resident in the country.
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OK, to put this in perspective, I know people who invest in property overseas. If they thought an opportunity were worth taking up in India, they would invest in property there. This usually necessitates opening an account in the country involved (certainly in cases where mortgages are involved, or services are required). Hence, someone in this situation would be discriminated against by Lloyds TSB.