Foreign Banks in India
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In this post, you can able to understand what is Foreign Bank, how it is functioning in India and so on. We have compiled a list of Foreign Banks in India. We have also given the official website of all foreign banks in India.

What are Foreign Banks?

Foreign Banks are international banks doing banking business in India through its branches. Generally, their headquarters are located in other countries. Foreign banks are required to follow the regulations of both the home country and host countries.  International banks are operating in India either as a branch mode or WOS (Wholly-owned Subsidiary) mode.

RBI policy towards presence of foreign banks in India is based upon two basic principles. They are reciprocity and single mode of presence. By reciprocity, it means that overseas banks are given near national treatment in India only if their home country allowed Indian banks to open branches there without much restrictions. By single mode of presence, it means that RBI allows either of the branch mode or a wholly owned subsidiary (WOS) mode in India. Some of the other policy guidelines of RBI towards foreign banks are as follows:

  • Foreign Banks have to adhere to mandated Capital Adequacy requirements as per Basel Standard.
  • Initially, they should have to meet minimum capital requirement of USD 25 billion.
  • Foreign Banks should also need to maintain minimum CRAR at 10%
  • Priority sector targets for International banks in India is 40%.
  • Further, Foreign Bank must lend 18 % of net ANBC towards agricultural loans as a part of the Priority sector target.
  • They also have to follow other norms as set by Reserve Bank of India from time to time.
List of Foreign banks in India

What is Scheduled Foreign Bank?

Scheduled Banks in India are those banks which have been included in the Second Schedule of Reserve Bank of India (RBI) Act, 1934

How many foreign banks are in India?

Presently, as per Reserve Bank of India’s banks list, there are 46 foreign banks are functioning in India.

List of Foreign Banks in India

The following is the list of foreign banks in India which we have collected from various sources. We have also given the official website of all International banks in India.

S.NoName of the BankWebsites
1Australia and New Zealand Banking Group Ltd.www.anz.com.au
2Westpac Banking Corporationwww.westpac.com.au
3Bank of Bahrain & Kuwait BSCwww.bbkindia.com
4AB Bank Ltd.abbl.com
5Sonali Bank Ltdwww.sonalibank.com.bd
6Bank of Nova Scotiawww.scotiabank.com
7Industrial & Commercial Bank of China Ltdwww.icbc-ltd.com
8BNP Paribaswww.bnpparibas.co.in
9Credit Agricole Corporate & Investment Bankwww.ca-cib.com
10Societe Generalewww.societegenerale.com
11Deutsche Bankwww.deutschebank.co.in
12HSBC Ltdwww.hsbc.co.in
13PT Bank Maybank Indonesia TBKmaybank.co.in
14Mizuho Bank Ltdwww.mizuhogroup.com
15Sumitomo Mitsui Banking Corporationwww.smbc.co.jp
16The Bank of Tokyo- Mitsubishi UFJ, Ltdwww.bk.mufg.jp
17Cooperatieve Rabobank U.A.www.rabobank.com
18Doha Bankqa.dohabank.com
19Qatar National Bankwww.qnb.com
20JSC VTB Bankwww.vtbindia.com
21Sberbankwww.sberbank.ru
22United Overseas Bank Ltdwww.uobgroup.com
23FirstRand Bank Ltdwww.firstrand.co.in
24Shinhan Bankwww.shinhan.com
25Woori Bankeng.wooribank.com
26KEB Hana Bankwww.kebhana.com
27Industrial Bank of Korea 
28Kookmin Bankwww.m.kbfg.com
29Bank of Ceylonwww.bankofceylon.in
30Credit Suisse A.Gwww.credit-suisse.com
31CTBC Bank Co., Ltdwww.ctbcbank.com
32Krung Thai Bank Public Co. Ltd.www.krungthai.com
33Abu Dhabi Commercial Bank Ltd.www.adcb.com
34Mashreq Bank PSCmashreqbank.com
35First Abu Dhabi Bank PJSCwww.bankfab.com
36Emirates Bank NBDwww.emiratesnbd.com
37Barclays Bank Plc.home.barclays
38Standard Chartered Bankwww.sc.com
39NatWest Markets Plcwww.natwestmarkets.in
40American Express Banking Corporationwww.americanexpress.com
41Bank of Americawww.bankofamerica.com
42Citibank N.A.www.online.citibank.co.in
43J.P. Morgan Chase Bank N.A.www.jpmorganchase.com
44SBM Bank (India) Limitedwww.sbmbank.co.in
45DBS Bank India Limitedwww.dbs.com
46Bank of China Ltdwww.boc.cn

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