Standard Chartered is the largest foreign bank in India by branch network, offering corporate, institutional, wealth and retail banking. It also runs Standard Chartered Global Business Services, which provides technology and operations support to the group from Chennai and Bengaluru.
Ownership and structure
Standard Chartered operates in India as a branch of the UK bank and also owns local subsidiaries including Standard Chartered Securities (India) Ltd and Standard Chartered Global Business Services Pvt Ltd.
What India does for Standard Chartered
India is one of Standard Chartered's largest banking franchises, with about 100 branches, and hosts the biggest office of its Global Business Services arm, which runs banking, technology and operations work for the group.
Standard Chartered's India business
Its predecessor bank opened its first branches in Kolkata and Mumbai in 1858. The bank operates 100 branches across 42 cities in India.
In 2010 it became the first foreign company to list in India through Indian Depository Receipts. In October 2025 its Global Business Services arm opened its largest global office at DLF Downtown in Chennai, built to house over 13,000 employees.
Key moves in India
- 1858: The Chartered Bank of India, Australia and China opened its first branches in Kolkata and Mumbai.
- 1969: Chartered Bank merged with Standard Bank to form Standard Chartered, and the Indian branches continued under the new bank.
- 2010: In June Standard Chartered PLC became the first foreign company to list in India through Indian Depository Receipts.
- 2017: Standard Chartered moved its Bengaluru Global Business Services centre into about 43,000 square metres at RMZ Ecoworld.
- 2024: Standard Chartered sold a personal loan portfolio of about Rs 4,100 crore to Kotak Mahindra Bank.
- 2025: In October its Global Business Services arm opened its largest office worldwide at DLF Downtown in Chennai, built to house more than 13,000 employees.
Where it operates
Standard Chartered runs its India business from Mumbai. It also has a presence in Kolkata, Chennai, Bengaluru and New Delhi.
At a glance
- Home country: United Kingdom
- Global headquarters: London
- Sector: Banking & Financial Services
- Business: Banking
- Role of India: Financial services franchise, Global delivery and operations
- India entity: Standard Chartered Bank India Branches
- India head office: Mumbai
- India offices: Mumbai, Kolkata, Chennai, Bengaluru, New Delhi
- India headcount: Not available
- In India since: 1858
© 2026 The Narrative Republic
See every foreign company we track in our Foreign Companies in India directory.
