Standard Chartered Bank

Standard Chartered Bank is the biggest foreign commercial bank in India. The global headquarters of the bank are located in London and the Indian headquarters of the bank are based in Mumbai.

About Standard Chartered Bank (SCB)

Standard Chartered Bank is a global financial services provider based in the United Kingdom. The operations of Standard Chartered plc are present in more than 70 countries of the world. The greater part of the profits made by the bank is generated by the Asian, African and Middle East branches of the bank. The bank is now focusing on corporate, individual and institutional banking and treasury operations.

The name Standard Chartered originates from two banks from which it was formed. The two banks are The Standard Bank of British South Africa and The Chartered Bank of India, Australia and China. The merger between these two banks took place in 1969.

The Chartered Bank started its operations in Kolkata in 1858. During that period, Kolkata was the most important city and trade centre in India. In 1869, the bank shifted its operations to Mumbai as the city became the principal trade centre of India. At present, the branches and sub-branches of Standard Chartered Bank are controlled from Mumbai though Kolkata remains as a major trade and financial centre. At present, Standard Chartered Bank is the biggest foreign bank in India.

Standard Chartered is listed on all the major stock exchanges of the world including the Indian stock exchanges. It is a component of the FTSE100 Index. The biggest stakeholder of Standard Chartered Bank is Temasek Holdings.

Standard Chartered acquired Grindlays Bank in 2000 to grow its operations in India and Pakistan. SCB offers a comprehensive range of banking services and products to the Indian clientele such as Private Banking, Personal Banking, Wholesale Banking and SME Banking. Services provided include credit cards, regular banking services, loans & mortgages, debit & prepaid cards, executive banking, NRI banking services and investment & insurance products.

Products and services of Standard Chartered Bank

Given below are the products and services of Standard Chartered Bank:

Personal Banking

1. Loans & mortgages
2. Saving & banking services
3. Ways-To-Pay
4. Credit cards
5. Investments
6. Insurance (General insurance and Life insurance)
7. Priority Banking
8. Debit cards and prepaid cards

Priority Banking

1. Priority Solutions
2. Priority Benefits
3. International Services
4. Priority Service
5. Resource Centre

Private Banking

1. Services
2. Wealth Management
3. Market Views and Updates
4. Private Bank offices

SME Banking

1. SME Treasury services
2. Cash management
3. Loans & mortgages
4. Trade finance & working capital

Wholesale Banking

1. Financial markets
2. Transaction banking
3. Principal finance
4. Corporate finance
5. Research
6. Cross border network

Saadiq Islamic Banking

1. Shariah supervisory committee
2. Wholesale banking
3. Personal banking

NRI Services

1. NRO Account
2. NRE Account
3. FCNR Account

Online Banking

1. Local online banking
2. Online commercial banking
3. Online SME banking
4. Financial markets online

Standard Chartered Bank Contact Details

Standard Chartered Bank,
90 Mahatma Gandhi Road,
Mumbai, 400 001, India