Best Foreign Banks in India for all kinds of financial Transactions

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(Last Updated On: April 4, 2017)

Indian economy is a fastest growing economy in the world which also attracting the eyes of investors from overseas. Indian banks are important for the financial transaction similarly foreign banks also important in the country. RBI has provided the license to many foreign banks; Foreign banks also helping in the economic system of the country and at the same time foreign offering world class banking services with world class administration.

In the below list you can see top ten best foreign banks which are simply best for all kinds of financial transactions.

10. Doha Bank:

Doha Bank founded in 1978 which is also one of the largest commercial banks in the state of Qatar. It is one of the leading financial service companies which recently have started its operation in India. Doha banks have opened its first branch in Mumbai, India. The banks deals in various product and service such as, NRI services, Personal banking, debit and credit cards, gold loan, commercial loan, personal loans, venture securities, home loan, vehicle loans, corporate banking, exchange administration etc, Doha Banks currently three branches which are located at Nariman point, Sakhar Bhavan, Raheja centre and Kochi.

9. Bank of Bahrain and Kuwait:

In March 1971 this bank was incorporated with the committed objective of providing of personalized and efficient banking facilities. The first branch of BBK’s bank was opened in Kuwait in 1978 and a few year later branches were set up in Hyderabad and Mumbai with the addition of two new branches at New Delhi and Aluva. The banks deals in various product and service such as, NRI services, Personal banking, debit and credit cards, gold loan, commercial loan, personal loans, venture securities, home loan, vehicle loans, corporate banking, exchange administration etc.

8. DBS bank:

DBS bank Top Popular Foreign Banks in India 2018

DBS bank Ltd. is a Singaporean financial service corporation and multinational bank which was founded in 1968, almost 49 years ago. It’s headquarter is in Singapore while “Peter Seah Lim Huat” is the chairman of the bank. DBS is known as the development bank of Singapore limited. Recently DBS bank has started its operation in India and currently bank has 12 branches. Its Indian headquarter is in Mumbai, Maharashtra. The main product and services are, debit and credit cards, mobile banking, personal banking, commercial banking, NRI banking, mortgage loans, personal loans, home loans etc.

7. Deutsche Bank:

Deutsche Bank AG is a German financial service and global banking company that founded in 1870 almost 147 years ago. Its headquarters is in Twin towers Frankfurt, Germany. The bank offers financial products and services for institutional and corporate clients along with business and private clients. In 1980 the bank has started its banking operations in India. Its Indian headquarter is in Mumbai, Maharashtra. This is one of the most trusted bank on the planet with strength of more than, 99,744 employees. it deals in product and services like, corporate banking, consumer banking, investment banking, personal and private banking, asset management, credit and debit cards, finance and insurance, savings and securities, mortgage loans, wealth management.

6. Standard Chartered Bank:

Standard Chartered PLC is a British multinational financial service and banking company that founded in 1969. It’s headquarter is in London, UK. Bill Winters is CEO while Joes Vinals is the chairman of the bank. it deals in product and services like, corporate banking, consumer banking, investment banking, personal and private banking, asset management, credit and debit cards, finance and insurance, savings and securities, mortgage loans, wealth management. Worldwide area served by this multinational bank. Banks also have solid presence in India. Throughout the nation it has 102 branches.

5. HSBC Bank:

HSBC Bank PLC is one of the largest financial service and banking company in the world. It was founded in 1865 in Birmingham, Great Britain. It’s headquarter is in London, United Kingdom. HSBC has opened its first branch in Pune, India in 2002. Currently bank has 50 branches in the nation and offering different products and services like, foreign exchange, NRI banking, debit and credit cards, personal and business banking, corporate banking, loans, intranet and mobile banking, retail banking, global banking, finance and insurance, wealth management etc.

4. Bank of Nova Scotia:

This is another international leading financial service provider and bank in North America, Central America, Caribbean and the Latin America and also part of Asia. 86000 employees are employed by the bank. It has branches in Indian cities as well which are located in Mumbai, New Delhi and Bangalore. Extensive variety of money related services are offered by the Bank of Nova Scotia. The bank provides lines of credit, personal loans, credit and debit cards, mortgages, gold loan, commercial loans, advance banking, NRI banking, Venture banking etc.

3. Barclays Bank:

Barclays is a British multinational financial service and banking company headquartered in London. It was founded 326 years ago on 17 November 1690 in city of London, Kingdom of England. It conducts its operations in over 50 territories and countires and has around 48 million customers around the globe. This is one of the best and great banks on the planet, one of the trusted financial companies where you can do transaction without any tension. In India the bank has 7 branches. The main product and services in India are NRI banking, and treasury arrangements, debit and credit cards, commercial banking, Investment banking, personal loan, corporate banking etc.

2. Bank of America:

Bank of America is a multinational financial service and banking company that founded 87 years ago on 17 October 1904. It was founded by the Amadeo Giannini, it headquarters is in Charlotte, North America. BOA has started banking operation in India in 1964 almost 50 years ago. The Indian headquarter is in Mumbai, Maharashtra. It is one of the largest banks in USA which offering services to more than 4.9 crore customers. The branches of Bank of America are situated in Kolkata, Delhi, Gurgaon, Mumbai, Chennai, Pune, Bangalore etc. The bank provides lines of credit, personal loans, credit and debit cards, mortgages, gold loan, commercial loans, advance banking, NRI banking, Venture banking etc.

1. Citi Bank:

Citi Bank Top 10 Best Foreign Banks in India 2017

Citi Bank was founded on 16 June 1812 and its headquarters is in New York City, New York. The bank provides lines of credit, personal loans, credit and debit cards, mortgages, gold loan, commercial loans, advance banking, NRI banking, Venture banking etc. The bank has conducted its operation in India in 1902 and has become one of the leading private sectors bank in India. Its Indian headquarters is situated in capital of nation Mumbai. It has 750 ATMs and more than 7500 employees are employed by this bank. It’s also its branches in 19 countries including India.

From the above article it clears that foreign bank also important like Indian banks, as they helps in enhancing the economy of India. Indian economy is a fastest growing economy in the world and this is the main reason foreign companies also want to invest in India. From the above information we got to know about top ten foreign banks. Article is helpful for those people who want to gain some information about the foreigner’s banks for their products and services.

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