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Foreign Banks in India

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Foreign Banks in India

Foreign Banks in India

shape Introduction

Foreign banks present in India as representative offices often have correspondent banking relationships with domestic banks and provide a useful platform for foreign banks to access opportunities for foreign currency lending to Indian corporate and financial institutions. This article plays a prominent role in General Awareness/General Knowledge preparation in many competitive exams.

shape Foregin Banks

As of March 2013, there are 43 foreign banks from 26 countries operating as branches and 46 banks from 22 countries operating as representative offices. Although the discussion around differential licensing is still just coming into existence and beginning to display signs of future potential.

There is one foreign bank present as a credit card issuer with limited banking licence. In addition, a number of foreign banks have also entered India via the NBFC route, while a considerable number have set up captive centres in the country. Foreign banks have less than 1% of the total branch network but about 7% of the total banking sector assets and a sizeable 11% of profits. With 334 branches in all, the share of foreign bank branches is less than 1%.

Bank name Operting Branches
Australian Bank
Australian and Newzeland Banking group
commonwealth Bank of Australia
National Australian Bank
Westpac Banking corporation
Bahrain Bank Bank of Bahrain and Kuwait
Bangladeshi Bank
AB Bank
Sonali Bank
Belgian Bank Antwerp Diamond Bank
Canadian Bank Bank of Nova Scotia
Chinese Bank Industrial and commerical Bank of china
French Bank
BNP paribas
Credit Agricole
Societe Generale
German Bank Deutsche Bank
Indonesia Bank Bank Internasional Indonesia
japanese Bank
Mizuho corpporate Bank
sumitomo mitusui Bank
Bank of Tokyo-Mitsubishi
Mauritian Bank state Bank of Mauritius
Dutch Bank Rabo Bank
Qatari Bank Doha Bank
Russian Bank
Sber Bank
Omani Bank HSBC Bank Oman
Singaporean Bank
DBS Bank
United overseas Bank
South African Bank First Rand Bank
South Korean Bank
Shinhan Bank
Woori Bank
Srilankan Bank Bank of ceylon
Swiss Bank
Credit suisse
Taiwanese Bank Chinatrust commerical Bank
Thai Bank Krung Thai Bank
UAE Bank
Abu Dhabi Commercial Bank
Mashreq Bank
UK Bank
Barclays Bank
Standard Charted Bank
Royal Bank of Scotland(RBS N.V)
US Bank
American Express
Bank of America
Citi Bank
P.Morgan chase Bank

Foreign Banks Offices in India
Austrian Bank Raiffeisen Zentral Bank
Belgian Bank KBC Bank
Canadian Bank
Royal Bank of Canada
Toronto Dominion Bank
French Bank
Credit Industriel et Commercial
German Bank
Commerz Bank
DZ Bank
Landes Bank Baden-Württemberg
Italian Bank
Banca Monte dei Paschi di Siena
Banca Popolare di Milano
Banca Popolare di Vicenza
Intesa Sanpaolo
UBI Banca
Malaysian Bank CIMB
Nepalese Bank Everest Bank
Norwegian Bank DNB ASA
Portuguese Bank Caixa Geral de Depositos
Russian Bank
Gazprom Bank
Promsvyaz Bank
Vnesheconom Bank
South Korean Bank
Industrial Bank of Korea
Kookmin Bank
Korea Exchange Bank
Spanish Bank
Banco de Sabadell
Banco Bilbao Vizcaya Argentaria
Caixa Bank
Sri Lankan Bank Hatton National Bank
Swedish Bank
Skandinaviska Enskilda Banken
Zurcher Kantonal Bank
Taiwanese Bank
Bank of Taiwan
Mega International Commercial Bank
Turkish Bank Bank Asya
UAE Bank
Emirates NBD
First Gulf Bank
UK Bank Duncan Lawrie
US Bank
Bank of New York Mellon
Wells Fargo Bank
Singapore Bank Development Bank of Singapore