Standard Chartered Bank opens four branches

Standard Chartered Bank has launched four new branches at Mathura and Saharanpur in Uttar Pradesh, Dehradun in Uttaranchal and Proddatur in Andhra Pradesh.

The new launches have taken the total number of Standard Chartered branches in India to 94 spread across 37 cities, the widest footprint offered by any international bank in the country, a release said here today.

"The expansion of our footprint in under-banked regions underlines our commitment to India. Many of these under-banked centres are growing and have the need for more savings and investment products. We are well-positioned to provide customers in these centres, the opportunity to benefit from our world-class products and services." the bank's Consumer Banking head, Shyam Srinivasan, said.

India is now Standard Chartered Bank's second largest market globally. The bank has a combined customer base of around 2 million retail customers and more than 2,000 corporate and institutional relationships in India.