Branch Expansion of Foreign Banks in India

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As on  29.8.2011, 38 foreign banks  are functioning with 321 branches in India.  Reserve Bank of India has given following  approvals for opening maiden branch/branch expansion in India during 2010 and 2100:-

Branch/Branch expansion in India during 2010 and 2011:-

Sl. No. Name of the Bank Approvals given in 2010 Approvals given in 2011
1 DBS Bank 2
2. Shinhan Bank 1
3. Barclays Bank 2
4. ANZ Bank Australia 1
5. Credit Suisse AG, Switzerland 1
6. National Australia Bank 1
7. Industrial and Commercial Bank of China Ltd. 1
8. Rabobank International 1
9. Woori Bank 1

This information was given by the Minister of State for Finance, Shri   Namo Narain Meena in written reply to an Unstarred Question in Lok  Sabha today.

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