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Foreign Banks in India

The document lists 46 foreign banks operating in India through the branch/WOS form as of July 14, 2020. The top 3 banks by number of branches are Citibank N.A. (35 branches), HSBC Ltd (26 branches), and Deutsche Bank (17 branches). It also lists 37 foreign banks operating in India through the representative office form as of the same date.

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0% found this document useful (0 votes)
731 views3 pages

Foreign Banks in India

The document lists 46 foreign banks operating in India through the branch/WOS form as of July 14, 2020. The top 3 banks by number of branches are Citibank N.A. (35 branches), HSBC Ltd (26 branches), and Deutsche Bank (17 branches). It also lists 37 foreign banks operating in India through the representative office form as of the same date.

Uploaded by

Namita Sarda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Foreign banks in India as on July 14, 2020 - Branch/WOS form of presence

No. of
Country of
Sl.No Name of bank banking
Incorporation
branches
1) AB Bank Ltd. Bangladesh 1
2) Abu Dhabi Commercial Bank Ltd. UAE 1
3) American Express Banking Corporation USA 1
Australia and New Zealand Banking
4) Australia 3
Group Ltd.
United
5) Barclays Bank Plc. 6
Kingdom
6) Bank of America USA 4
7) Bank of Bahrain & Kuwait BSC Bahrain 4
8) Bank of Ceylon Sri Lanka 1
9) Bank of China China 1
10) Bank of Nova Scotia Canada 2
11) BNP Paribas France 8
12) Citibank N.A. USA 35
13) Cooperatieve Rabobank U.A. Netherlands 1
Credit Agricole Corporate & Investment
14) France 5
Bank
15) Credit Suisse A.G Switzerland 1
16) CTBC Bank Co., Ltd. Taiwan 2
17) DBS Bank India Limited* Singapore
18) Deutsche Bank Germany 17
19) Doha Bank Q.P.S.C Qatar 3
20) Emirates Bank NBD UAE 1
21) First Abu Dhabi Bank PJSC UAE 1
22) FirstRand Bank Ltd South Africa 1
23) HSBC Ltd Hong Kong 26
Industrial & Commercial Bank of China
24) China 1
Ltd.
25) Industrial Bank of Korea South Korea 1
26) J.P. Morgan Chase Bank N.A. USA 4
27) JSC VTB Bank Russia 1
28) KEB Hana Bank South Korea 2
29) Kookmin Bank South Korea 1
30) Krung Thai Bank Public Co. Ltd. Thailand 1
31) Mashreq Bank PSC UAE 1
32) Mizuho Bank Ltd. Japan 5
33) MUFG Bank, Ltd. Japan 5
United
34) NatWest Markets Plc 1
Kingdom
35) PT Bank Maybank Indonesia TBK Indonesia 1
36) Qatar National Bank (Q.P.S.C.) Qatar 1
37) Sberbank Russia 1
38) SBM Bank (India) Limited* Mauritius
39) Shinhan Bank South Korea 6
*
40) Societe Generale France 2
41) Sonali Bank Ltd. Bangladesh 2
United
42) Standard Chartered Bank 100
Kingdom
43) Sumitomo Mitsui Banking Corporation Japan 2
44) United Overseas Bank Ltd Singapore 1
45) Westpac Banking Corporation Australia 1
46) Woori Bank South Korea 3
SBM Bank (India) Limited (Subsidiary of SBM Group) and DBS Bank India Limited (Subsidiary
of DBS Bank Ltd.) have been issued licence on December 6, 2017 and October 4, 2018
respectively for carrying on banking business in India through Wholly Owned Subsidiary
(WOS) mode. They have commenced operations as WOS w.e.f from December 01, 2018 and
March 01, 2019 respectively.
List of foreign banks in India as on July 14, 2020 – Representative Office form of
presence

Sr. Name of the representative office Country of Centre


No. incorporation
1. Access Bank Nigeria Mumbai
2. Banco Bilbao Vizcaya Argentaria Spain Mumbai
3. Banco BPM S.p.A Italy Mumbai
4. Banco de Sabadell SA Spain New Delhi
5. Bank for Development and Foreign Russia Mumbai
Economic Affairs (Vnesheconombank)
6. Bank of Montreal Canada Mumbai
7. Bank of Taiwan Taiwan Mumbai
8. Busan Bank South Korea Mumbai
9. CaixaBank S.A. Spain New Delhi
10. Caixa Geral de Depositos Portugal Mumbai
11. CIMB Bank Berhad Malaysia Mumbai
12. Commerzbank Germany Mumbai
13. Credit Industriel et Commercial France New Delhi
14. DNB Bank ASA Norway Mumbai
15. DZ Bank AG Germany Mumbai
16. Everest Bank Ltd. Nepal New Delhi
17. Gazprombank Russia New Delhi
18. Global IME Bank Ltd Nepal New Delhi
19. Intesa Sanpaolo S.p.A Italy Mumbai
20. K.B.C. Bank N.V. Belgium Mumbai
21. KfW IPEX Bank GmbH Germany Mumbai
22. Landesbank Baden – Wurttemberg Germany Mumbai
23. Mega International commercial Bank Taiwan Mumbai
24. Monte Dei Paschi Di Sienna Italy Mumbai
25. National Australia Bank Australia Mumbai
26. Natixis France Mumbai
27. NongHyup Bank South Korea Gurgaon
28. Raiffeisen Bank International AG Austria Mumbai
29. Skandinaviska Enskilda Banken AB Sweden New Delhi
30. Svenska Handlesbanken Sweden Mumbai
31. The Bank of New York Mellon USA Mumbai
32. Toronto Dominion Bank Canada Mumbai
33. UBI Banca – Unione di Banche Italy Mumbai
Italiane
34. UBS AG Switzerland Mumbai
35. Uni Credit S.p.A Italy Mumbai
36. Wells Fargo Bank N.A. USA Mumbai
37. Zurcher Kantonalbank Switzerland Mumbai

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