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Standard Chartered India (officially Standard Chartered Bank India Branches) is a foreign branch of Standard Chartered, incorporated in the United Kingdom with limited liability. [1] It is considered as a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI).
Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services.Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Standard Chartered Hong Kong (officially Standard Chartered Bank (Hong Kong) Limited, Chinese: 渣打銀行(香港)有限公司) is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally. SFMS can be used for secure communication within the bank and ...
Standard Chartered sold its remaining 39% stake in Standard Bank Group in 1987, and the two banking groups are now under quite separate ownership. Today, the Standard Bank name is used by the South African group, which has expanded outside South Africa, including forming a subsidiary in the United Kingdom known as Standard Bank London.
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It is headquartered in Gurugram, India, [2] and maintains outlets across India, [1] and in other regional countries such as Sri Lanka, [1] and Maldives. [1] It is the second oldest coffee house chain in India and is currently India's second-largest coffee chain with over 425 cafes as of March 2024.
Construction of a 44 storey tall skyscraper at Battery Road for the bank's head office was completed in 1984. The building, which was known as the Standard Chartered Building, was the largest Standard Chartered building worldwide and it also represented the largest single investment by a British company at that point of time. [13]