BNP Paribas is one of the oldest international banks in India, serving corporates and institutions in global banking, markets, securities services and sustainable finance. Its subsidiary BNP Paribas India Solutions runs round the clock technology and operations centres for the group.
Ownership and structure
BNP Paribas operates in India as a foreign bank through branches of BNP Paribas SA, alongside wholly owned subsidiaries such as BNP Paribas India Solutions and BNP Paribas Securities India. Its asset management business is a joint venture with Bank of Baroda.
What India does for BNP Paribas
India is a corporate and institutional banking market for BNP Paribas and a delivery base where about 15,000 employees support the group's businesses.
BNP Paribas's India business
BNP Paribas began operating in India in 1860. The bank has six branches, including an International Banking Unit in GIFT City.
BNP Paribas India Solutions Private Limited, set up in 2005, runs delivery centres in Bengaluru, Chennai and Mumbai. Baroda BNP Paribas Asset Management was formed in 2022 as a joint venture with Bank of Baroda.
Key moves in India
- 1860: BNP Paribas began operating in India.
- 2005: BNP Paribas India Solutions was set up as a wholly owned subsidiary running delivery centres in Bengaluru, Chennai and Mumbai.
- 2016: BNP Paribas completed its acquisition of retail broker Sharekhan.
- 2022: Baroda BNP Paribas Asset Management India was formed as a joint venture with Bank of Baroda.
- 2023: BNP Paribas agreed to sell Sharekhan to Mirae Asset in December.
Where it operates
BNP Paribas runs its India business from Mumbai. It also has a presence in Bengaluru, Chennai, New Delhi, Pune and GIFT City.
At a glance
- Home country: France
- Global headquarters: Paris
- Sector: Banking & Financial Services
- Business: Banking
- Role of India: Sales market, Global delivery and operations, Financial services franchise
- India entity: BNP Paribas India
- India head office: Mumbai
- India offices: Mumbai, Bengaluru, Chennai, New Delhi, Pune, GIFT City
- India headcount: 15,000+ (2026)
- In India since: 1860
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