Standard Chartered India

Standard Chartered India is the India-based banking business of the international Standard Chartered group. The bank says it has maintained a continuous presence in India for more than 165 years, making it one of the country’s oldest foreign banks. Its Indian operations offer services across Corporate and Investment Banking and Wealth and Retail Banking, supported by a branch network covering major cities. The business provides banking through branches and digital channels. Its digital services include the SC Mobile app, online and phone banking, digital payment services and Straight2Bank, a platform for business customers. The Indian website also presents services and offerings such as fixed deposits, mutual fund distribution, SC Remit for transfers to India, securities broking and lending. Standard Chartered Bank, India states that it is an AMFI-registered mutual fund distributor and that it does not provide investment advisory services for those third-party investment products. The Indian presence extends beyond the full-service bank. The group’s India operations also include a non-banking finance lending entity and a retail securities broking business. Standard Chartered says it was the first foreign bank to commence banking activities in India’s International Financial Services Centre at GIFT City, Gujarat. The wider group describes its purpose as driving commerce and prosperity through its diversity and uses “here for good” as its brand promise. Standard Chartered PLC, the parent group, is listed in London and Hong Kong.

Standard Chartered India is the Indian banking presence of Standard Chartered, an international banking group. The bank’s official account describes its Indian operation as having a continuous presence of more than 165 years and as one of the oldest foreign banks in the country. The evidence supplied does not specify a founding date or name an individual founder for the Indian business. Over time, the Indian operation has developed into a broad banking business serving personal, wealth, business, corporate and investment banking customers. The bank describes an extensive branch network covering major cities and offers services through both in-person and digital channels. Its digital banking portfolio includes the SC Mobile app, online banking, phone banking, payment-related services and digital support. For business customers, Straight2Bank is presented as an integrated digital banking platform. The India operation includes more than the full-service bank: the group says it also has a non-banking finance lending entity serving selected geographies and segments, as well as a retail securities broking business. The bank identifies its activity in GIFT City, Gujarat, as a milestone, describing itself as the first foreign bank to commence banking activities in India’s International Financial Services Centre there. Current offerings highlighted on the Indian site include SC Remit, a digital platform for transferring money to India, and SC Invest Unify, which brings mutual fund investments held across platforms and banks into a dashboard. Standard Chartered Bank, India identifies itself as an AMFI-registered mutual fund distributor and states that it does not provide investment advisory services for third-party investment products. The wider group’s stated purpose is to drive commerce and prosperity through its diversity, and its brand promise is “here for good.” Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

• Continuous presence in India for more than 165 years

• Banking activities in GIFT City

A long-established international bank in India offering retail, wealth, business, corporate and investment banking through branches and digital services.

• SC Mobile

  The bank’s mobile app for managing banking needs.

• Straight2Bank

  An integrated digital banking platform for business customers.

• SC Remit

  A digital platform for transferring money to India.

• SC Invest Unify

  A dashboard for viewing mutual fund investments held across platforms and banks.

1. 1Standard Chartered India I Personal, Business & Private Bankingsc.bank.in
2. 2About Us – Standard Chartered Indiasc.bank.in
3. 3Bank With Us: Mobile, Phone & Online Banking Services – Standard Chartered Indiasc.bank.in
4. 4Business Banking – Standard Chartered Indiasc.bank.in