India is one of the fastest growing economy of the world which is in fact attracting a lot of foreign countries to come and invest on us. An economically growing country includes a lot of transaction for which, bank is one most important place. India has so many local banks and also national banks but then having international banks is also equally important, thus India also started allowing foreign banks in India and these are the top ten foreign banks in India
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Here is the list of Top 10 largest Foreign Banks in India
10. Doha Bank:
This banks is started recently in India. It started functioning and providing services after the year 2014. The first branch was started at Mumbai, Maharashtra state. The bank aims at services such as NRI services, trade services, personal banking, money exchange, corporate Bank and etc. Thus this bank stands in 10th position.
9. Bank of Bahrain and Kuwait:
This bank is a Middle East origin bank which is fine in a lot of countries including India. The relation between India and Middle East countries are very good so the functioning of bank is also very essential. This bank was founded in the year 1971 and after that now it has around 4 branches in India. The parent company of this bank is Bahrain and Kuwait bank.
8. Bank of America:
This bank is purely an American bank. The relationship between India and America is really good and bank also helps in the enhancing of the relation. So it was started in India in the year 1964 and now it has served more than 50 years in India. There are around 5 branches of it all over India. The headquarters of this bank is located at capital city of Maharashtra, Mumbai. Thus this stands in 8 position.
7. Barclays Bank:
The headquarters of this bank is located at Mumbai, Maharashtra which is known as the trading capital of the country. The bank being pretty old in the country is having around 7 branches which is present all over the country. The bank aims at the Treasury solutions, credit cards, commercial banking, personal banking, investment banking. Thus this stands in 7 th position.
6. DBS Bank:
This bank was founded by the government of Singapore for the enchantment of its relationship with India. The bank was first founded in the year 1968 and is still functioning in the country reaching almost 50 years of the service. Right now the number of branches present in India are around 12 and the headquarters of which is located at the trading capital of India, Maharashtra.
5. Royal Bank of Scotland:
This bank is one of the most prestigious banks in the world was built by the Royal Bank of Scotland group. This is one of the oldest international banks in India which was established in the year 1921 now satisfying customers for more than 90 years. Now, the number of brand this bank in India are around 10 and it is seen all over India. The bank aims at foreign exchange, debt capital markets, finance advisory, commodities etc.
4. Deutsche Bank:
This bank has more than 5 lakh costumers in India making it 4 famous bank in India. The bank was initiated in the year 1980 and the present headquarters is located at the trading capital of the country, Maharashtra Mumbai. The number of branches right now in India are around 18 and it is found all across the country.
This bank is one of the India’s most old banks and also it has lakhs of customers in India. It is an international bank company and there are around 6 thousands of their offices all around the world. The branches of this bank all over India is around 50 and can be seen all over the country. This company was for in the year 1836. The main objective of the companies is to provide services such as credit card, internet banking, debit cards, loans, foreign exchange services etc.
2. Standard Chartered Bank:
This bank is one of the oldest banks and also one of the most efficient banks in the country which is very much customer friendly. It was founded in the year 1969. And right now the number of branches in India is about 102 which could be seen all over the country. The bank has also won the best bank award. The main products of this bank are consumer banking, debit and credit cards, loans and even corporate banking.
1. Citi Bank :
This bank is one of the oldest banks in India which was started in the year 1902. The main aim of the company is to provide services such as debit and credit card, investment Banking, digital banking, NRI banking etc. The company currently employs more than 7500 employees all over the country. The headquarters of this bank is located at the economic capital of the country, Mumbai. This bank has almost 750 ATMs throughout the countries. Thus making it to the number one position.
This was the list of Top 10 Best and largest Foreign banks in India by 2017, that have made immense progress in the field of banking in the country. India is having hundreds of foreign banks and out of which sorting out only few was a hard task. The above mentioned ones are trust worthy and they are serving since many years and transaction can be smooth and simple with introduction of latest of technologies equipped with their services.