AV 10th October 2015

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First & Foremost Asian Weekly in Europe Price 80p

RANVEER, DEEPIKA ON THE COVER OF VOGUE

P29

Vol 44 | Issue 23

10th to 16th October 2015

Let noble thoughts come to us from every side

UK

P13

KHAN VS GOLDSMITH FOR LONDON MAYORAL ELECTION

EDUCATION P6 GAP IN BME PROFESSIONAL EMPLOYMENT RATE WIDENS

www.asian-voice.com

COMMUNITY P17 GOVERNMENT OVERTURNS TURBAN WORKPLACE RULE

Happy Diwali

BoE rule forces Indian banks to add capital into UK units Some of India's largest banks are now being forced to provide hundreds of millions of pounds to capitalise new UK subsidiaries that the Bank of England had asked to set up to house their consumer-facing activities. With the recent tightening of regulations for foreign banks offering retail services to UK consumers, as many as 50 overseas lenders with branches in the country might face similar obligations. The change shows growing concerns at the BoE's Prudential Regulation Authority of UK depositors losing out if a foreign lender collapsed and its home regulator prioritised domestic depositors. P 26

UNITED WE STAND UK WELCOMES MODI ON DIWALI

Namaste Chancellor Merkel!

Rupanjana Dutta & Spriha Srivastava

There is one event that probably will mark the biggest for the Indian community in London that is coming up in November – any guesses? We are sure by now you all would have known what the event is and would have also registered your names for it. Indian Prime Minister Narendra Modi is going to be visiting London in November and will be addressing the UK audience on 13th November at the massive Wembley stadium. CONTINUED ON P 17

Welcome Partners representing the diaspora and other dignitaries at Indian Gymkhana

German Chancellor Angela Merkel and Indian Prime Minister Narendra Modi led their respective teams for the third inter-governmental

consultations in Hyderabad House where they signed 18 MoUs and letters of intent and a CONTINUED ON P 26


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AV 10th October 2015 by Asian Business Publications Ltd - Issuu