Best answer: Which Indian banks have foreign branches?

Which Indian Bank has branches in other countries?

Below is a comprehensive list of branches of Indian banks and their subsidiaries abroad across the countries they are majorly present in.

Which Indian bank should you open an account in, if you live abroad?

CHINA State Bank of India (2) Bank of India (1) Bank of Baroda (1) Canara Bank (1) ICICI Bank (1) Axis Bank (1)

Which bank has international branch?

Foreign Banks in India

Si.No Foreign Sector Bank Bank Website
2 Abu Dhabi Commercial Bank Ltd.
3 American Express Banking Corp. (AEBC)
4 ANZ Banking Group Ltd.
5 Bank of America N.A.

Which Indian Bank is an international bank?

Indian Overseas Bank (IOB) is a major Indian nationalised bank.

Indian Overseas Bank.

Good People to Grow With
Total assets ₹274,000.35 crore (US$36 billion) (2021)
Owner Government of India (10.84%) (2021)
Number of employees 23,579 (2021)
Parent Ministry of Finance, Government of India

Is HSBC a foreign bank?

The Mercantile Bank was bought in 1959 by The Hongkong and Shanghai Banking Corporation Limited. Founded in 1865 to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the US, HSBC has been an international bank from its earliest days.

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Is Indian Bank merged with any other bank?

The Indian Bank, which has merged with the Allahabad Bank, carried out a software migration over in February this year. with the bank adding that services related to banking operations might be disrupted during this time period.

Are foreign banks safe in India?

They superficially resemble community banks, like co-ops or credit unions, but are not. They are very definitely not safe, and in a safe banking system would not exist in their current form. Most Indian banks are cooperative banks.

Which bank has the most international branches?

Citibank probably has the greatest global coverage of all multinational banks, making it the best choice for travelers who often visit a variety of destinations. Citibank operates over 1,000 branches in the US and more than 4,000 globally.

Is Canara bank in Canada?

In addition to South Africa and Germany, the bank plans to open branches at 12 other overseas centres – DIFC (Dubai), Sao Paulo (Brazil), Dar-es-Salaam (Tanzania), Tokyo (Japan), Abuja (Nigeria), Jeddah (Saudi Arabia), Qatar Financial Centre (Qatar), New York (USA), Sydney(Australia), Ontario (Canada), Wellington (New …

Which bank is not a foreign bank?

Detailed Solution. The correct answer is Federal Bank. Federal Bank Limited is the major Indian commercial bank and headquartered in Aluva, Kochi. Federal Bank was founded on 23 April 1931 as Travancore Federal Bank.

Which is the best foreign bank in India?

What are the top 5 international banks in India?

  • Citibank. Citibank is one of the oldest banks in India. …
  • HSBC BANK. HSBC Bank India, a subsidiary of HSBC Holdings plc., is among the world’s largest banking and financial organizations. …
  • Standard Chartered Bank. …
  • Royal Bank of Scotland. …
  • Barclays Bank.
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Is Citibank a foreign bank?

Citibank India is a foreign bank in India with a full service onshore platform. Its Indian headquarters is at Bandra Kurla Complex, Mumbai, Maharashtra. It is a subsidiary of Citigroup, a multinational financial services corporation headquartered in New York City, United States.