Despite many regulations and restrictions, foreign banks continue to operate in India.
According to the Government of India, among the numerous foreign banks which are carrying out business in India, these are the 10 banks with the most number of branches in the country as of April 30, 2012.
Standard Chartered Bank
Standard Chartered Bank is becoming the largest foreign bank in India for its operations in banking and financial services. It is also listed on the National Stock Exchange of India.
No. of branches in India: 96
HSBC
Apart from providing banking services in various developed countries, HSBC operates many centres out of India.
No. of branches in India: 50
Citibank
Citibank is one of the major international banks and has retail banking operations in more than 160 countries. The online services are among its most successful.
No. of branches in India: 42
The Royal Bank of Scotland
With over 700 branches worldwide, The Royal Bank of Scotland provides banking facilities in various countries, including India.
No. of branches in India: 31
Deutsche Bank
Deutsche Bank is a global banking and financial services company which offers financial products and services for private and business clients as well as corporate and institutional clients.
No. of branches in India: 16
DBS Bank
DBS bank is incorporated in Singapore and some of its branches are located in major Indian cities like Chennai, Mumbai, Bangalore, Delhi and Pune.
No. of branches in India: 12
Barclays Bank
Barclays is a universal bank and its business is organized as corporate and investment banking and wealth and investment management to provide financial products and services to its clients.
No. of branches in India: 10
BNP Paribas
The French global banking group, BNP Paribas, is split in three strategic business units: Retail banking, corporate and investment banking and investment solutions.
No. of branches in India: 8
Credit Agricole Corporate and Investment Bank
Credit Agricole Corporate and Investment Bank is active in capital markets, investment banking and financial activities.
No. of branches in India: 6
Bank of America
Bank of America is one of the largest banks in the world and has continuously entered Indian markets with branches providing various financial services.
No. of branches in India: 5
- No. of branches in India: 50(Photo: Reuters Pictures)
- CitibankCitibank is one of the major international banks and has retail banking operations in more than 160 countries. The online services are among its most successful.No. of branches in India: 42(Photo: Getty Images)
- The Royal Bank of ScotlandWith over 700 branches worldwide, The Royal Bank of Scotland provides banking facilities in various countries, including India.No. of branches in India: 31(Photo: Reuters Pictures)
- Deutsche BankDeutsche Bank is a global banking and financial services company which offers financial products and services for private and business clients as well as corporate and institutional clients.No. of branches in India: 16(Photo: Reuters Pictures)
- DBS BankDBS bank is incorporated in Singapore and some of its branches are located in major Indian cities like Chennai, Mumbai, Bangalore, Delhi and Pune.No. of branches in India: 12(Photo: Company Website)
- Barclays BankBarclays is a universal bank and its business is organized as corporate and investment banking and wealth and investment management to provide financial products and services to its clients.No. of branches in India: 10
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