Foreign Banks in India

The arrival of the foreign bank in started from Calcutta in the 1860, the first bank was Comptoire d’Escompte de Paris who opened the branch at Calcutta in 1860.

The economy of the country is booming, investment increasing day by day that’s why our country is the attraction and engaging point to the bankers from all over the world.

There are myriad foreign banks in India offering the different products and services.

These Banks use the unique style to offers loans, making investment in public and private sectors, insurance and helping corporate sectors. Here are the few names of the foreign banks in India

Bank of America
This bank is the largest holding company in the United State of America. The first branch of BOA was established in 1960 in Hyderabad. The braches of the Bank of America is spread in the metropolitan cities of the country like Mumbai, Delhi, Hyderabad, Bangalore, Kolkata, Chennai etc.

The bank offered varieties of perfect product and satisfied to the customer like loans for small and large businesses, loans for individuals, Debt and credit cards, Loans for automobiles etc.

Barclays
Barclays is British financial service bank. The Barclays provides the payment and cash management services, trade facilities, finance for corporate and SME sector and deposit system to the customer. The Barclays also offered special types of the credit cards which are nationally as well as internationally accepted. The Barclays is the finest bank in the category of foreign banks in India.

Bank of Ceylon
Bank of Ceylon is the famous international bank now operating in the country with various branches .The main headquarter of the bank is located at Chennai, the bank is specialize in credit cards facilities, personal banking,

corporate banking, offshore banking, development banking and online banking. This bank is a biggest financial and loan service provider in the country.

Standard Chartered Bank
SCB is the British financial service provider company which is operating in all over world. The bank offering attractive products and customer satisfied products. The bank deal with personal banking, priority banking, preferred banking, private banking, SME banking and Whole sale banking.

American Express Bank
American Express Bank commonly known as AmEx is a global service company in the world. The bank offered different types of the credits cards for personal use, corporate customers and merchant customers. The 85 branches are operating in all over the country.

The main office of the AmEx is located at Gurgaon (Haryana), New Delhi in the country.
These Foreign banks in India earns a lot of profit, these profit ensures the circulation of the money in the country, increasing the development projects of the public sectors and creates the new ways of investment in the country.