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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).
Co-founders Rajat Gupta and Anil Kumar, senior executives of McKinsey & Company, directed teams of McKinsey consultants to start the school. Gupta recruited U.S. business leaders while Kumar recruited Indian leaders for its executive board. Formal partnerships were established with international business schools Wharton and Kellogg. [4]
Standard Chartered PLC is a British multinational bank with operations in consumer, 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.
Shyam Srinivasan was appointed the Managing Director and CEO of Federal Bank on September 23, 2010, at a time when the bank had a predominantly regional presence, rooted deeply in South India. His immediate priority upon taking the helm was to modernize the bank’s infrastructure and expand its reach, both geographically and digitally.
James Wilson (3 June 1805 – 11 August 1860) was a Scottish businessman, economist, and Liberal politician who founded The Economist weekly and the Chartered Bank of India, Australia and China, which merged with Standard Bank in 1969 to form Standard Chartered.
Simon Cooper is a British banker. Since 2018 he has been the chief executive officer of the Corporate, Commercial and Institutional Banking division of Standard Chartered, its largest global business with approximately USD10 billion in underlying operating income. [1]
With an initial membership of 22 banks in India in 1946, IBA currently represents 247 banking companies operating in India. IBA was formed for the development, coordination, and strengthening of Indian banking and to assist the member banks in various ways, including the implementation of new systems and the adoption of standards among the members.
In February 2015, it was announced that Winters would replace Peter Sands as CEO of Standard Chartered in June 2015. [13] Since he joined Standard Chartered, the share price has fallen, as has that of peer HSBC. Standard Chartered's executive pensions attracted some investor criticism in 2019, and some 36% of votes cast at StanChart's annual ...