Banking is a huge sector, involving large sums of money and banks ranging from Public, Private, regional, Cooperation to International banks are involved in this market. International banks are emerging in the Indian banking sector due to their World class products and services. Many of the international banks have opened many branches in India. Here we list Top 10 international banks, you may want to check out.
10. Credit Agricole Corporate and Investment Bank
Credit Agricole CIB came to India in 1981 and has currently 6 branches in India. Credit Agricole CIB is an investment banking institution with branches across 58 countries including India. The Credit Agricole CIB has clients mainly from the corporate, governments, and banks, with a small footprint in the investor segment. Although it’s not popular in investor segment it is a pioneer in the field of businesses.
9. Bank of America
Bank of America is an American multinational bank, which is one of the largest banks of America. Bank of America started its operations in India in 1964 through its Mumbai branch. The bank has 5 branches in India and is headquartered in Mumbai, India.
8. BNP Paribas
BNP Paribas is a French global banking group, with its headquarters in Paris. BNP Paribas was ranked the third largest bank in the world according to Forbes and Bloomberg. The bank has 8 branches in India and provides banking solution in three sectors: retail, corporate and investment banking.
7. Barclay’s Bank
Barclay’s bank is one of the largest banks of the world with around 4.8 crores customers. Barclay’s bank India has a clientele of 9 lakhs, including small and large banks as well as individuals. The bank has around 10 branches in different cities of the India providing various banking facilities.
6. DBS bank
Previously known as the Development bank of Singapore limited, it was started in 1968.The DBS bank has 12 branches in India. It also has 37.5% shares in DBS CHolamandalam. DBS bank has operations in more than 15 countries.
5. Deutsche bank
Deutsche, a German multinational bank started its operations in India in 1980.Currently it has 18 branches and 5 lakh customers. The bank has 9800 employees and its total income in the last financial year was around Rs.5000 crores.
4. The Royal Bank of Scotland
Earlier known as AmExamro, it was later christened as the Royal Bank of Scotland. The bank had its start in India as early as 1921 and currently has 31 branches in India,700 branches globally. It was ranked fifth among top 10 foreign banks in India. The Royal Bank of Scotland provides all the banking facilities including foreign exchange and debt capital markets.
HSBC holdings is the third largest publicly owned bank and sixth largest public company. With its headquarters in London, united kingdoms acquired the mercantile bank of India in 1959 and established itself in India’s gave India its first ATM in 1987.HSBC has more than 50 branches in the country.
2. Standard Chartered
Standard chartered is a British multinational bank with its operations in more than 70 countries. Standard chartered has around 100 branches in India and is the winner of the best foreign bank award. It is headquartered in London, United Kingdom. Standard chartered provides corporate, institutional and treasury services.
Citibank is one of the oldest foreign banks in India with its beginning in 1902 in Kolkata, West Bengal. Citibank, an American multinational, has around 45 branches and 700 ATMs across India. Citibank is an important investor in India’s financial market.
Citibank provides its customers world class banking services and has established itself as one of the leading banks in India. Personal banking and NRI banking are some of the products of the bank.
We hope you found this article informative and helpful. Here we listed top 10 international banks in India. International banks are getting a strong footing in India due to their unmatched service and worldwide presence.