5. Standard Chartered bank is the oldest foreign bank that
came to India i.e. 150 years ago, now operates the
maximum number of branches i.e. 83
Follows HSBC which entered in India in the year 1867,
with 47 branches

8. Foreign Banks operating in India are banks of other countries
having their branches in India. At present, there are about 50
foreign banks having a total of more than 250 branches in most of
the big cities of the country. These foreign banks have a
flourishing business and earn large profits.
Some economists are of the view that foreign banks should not
be allowed to operate in the country. But permission to such
banks to operate in the country is unavoidable on the basis of
reciprocity. This is certainly the view of the Reserve Bank of India,
and it is justified by the success of Indian banks operating in
foreign countries.

9. S. No Name and address of the representative Country Centre Date of opening
office of incorporation
1. The Bank of New York USA Mumbai 27.10.1983
2. National Bank Australia Australia Mumbai 3.11.2006
Ltd
3 Raiffeisen Zentral Bank Austria Mumbai 1.11.1992
Osterreich AG
4 Fortis Bank Belgium Mumbai 6.10.1987
5 Bayerische Hypo - Germany Mumbai 12.07.1995
und Vereinsbank
6 Emirates Bank Dubai Mumbai 16.06.2000
International
7 Credit Industriel et France New Delhi 1.04.1997
Commercial

10. Importance of
foreign banks
 Latest
technology
 Latest ranking
 Made Indian
banking system
more
competitive and
efficient.

11. ABU DHABI
ABN-AMRO BANK COMMERCIAL BANK

12. AMERICAN EXPRESS
BANK BNP PARIBAS

13. CITIBANK HSBC LTD

14. BARCLAYS BANK DEUTSCHE BANK

15. Foreign banks tend to increase the efficiency of the local banking
system, bring in more sophisticated financial services
Themain contention—that foreign banks account for just 5% of India’s loan
market—is misleading. Local banks have been on a borrowing spree abroad.
They raised more than $12 billion between 2003 and 2006, which is one
reason that India could support credit growth of 28.1% despite the fact that
deposits grew at only 18.5%.

18. Foreign bank entry may enhance financial stability by permitting greater diversification of
exposures
and by improving risk management. It could also contribute to making more capital or liquidity
available when needed.
A foreign bank presence could be particularly valuable during periods of banking stress, to
diversify
against country-specific (systemic) risks that can severely impair the capital of the banking system.
The fact that foreign banks are diversified across different countries could well change the cyclical
behaviour of the host country financial system since foreign banks are less sensitive to host country
cycles. How valuable this proves to be in practice depends on how closely the domestic economic
cycle is correlated with the global economy. Counter cyclical changes in foreign bank lending could
also help to amplify the effectiveness of monetary policy. Foreign banks could also be more
resilient
during currency crises. Not only do they tend to be more aware of currency mismatches, they can
also
call on their parent organisations to provide foreign currency liquidity.

20. Item 2005-06 2006-07 variation
Absolute percentage
A.INCOME (i + ii) 17,662.07 24,959.06 7293.99 41.03
i)Interest Income 12,290.82 18,018.92 5728.09 46.60
of which : Interest on Advance 7379.75 10,941.49 3,561.74 48.26
Income on Investment 3,950.57 5,432.04 1,481.46 37.50
ii) Other Income 5,371.25 6,937.14 1,565.90 29.15
of which : Commission &Brokerage 2,872.39 3,789.29 916.89 31.92
B.EXPENDITURE (i+ii+iii) 14,593.47 20,370.90 5,777.43 39.59
i)Interest Expended 5,149.50 7,615.02 2,465.53 47.88
of which :Interest on Deposits 3,161.17 4,758.24 1,597.07 50.52
ii) Provisions and Contingencies 3,589.84 5,014.65 1,424.81 39.69
of which : Provision for NPAs 96.43 332.48 236.06 244.81
iii) Operating Expenses 5,854.13 7,741.22 1,887.09 32.24
of which : Wage Bill 2,005.17 3,081.11 1,075.94 53.66
C.PROFIT
i) Operating Profit 6,658.44 9,599.81 2,941.37 44.18
3,068.60 4,585.16 1,516.56 49.42
ii) Net Profit
D.NET INTEREST INCOME/MARGIN 7,141.33 10,403.89 3,262.57 45.69
E.TOTAL ASSETS 1,99,358.03 2,78,016.49 78,658.46 39.46

24. Article 13 criteria for selection
BUSINESS INSIGHTS
1)Turnover
2)Core Service
3)Employees
4)Vision
TRANSFORMATION
1)Overarching values
2) Community investment in emerging
markets
3)Micro-finance
4)Partnerships
5)Measuring performance