Citibank has retail banking operations in more than 100 countries and territories around the world. More than half of its 1,400 offices are in the United States, mostly in New York City, Chicago, Los Angeles, San Francisco/Silicon Valley, and Miami. More recently, Citibank has expanded its operations in the Boston, Philadelphia, Houston, Dallas, and Washington D.C. metropolitan areas, albeit with a mixed record of success. It was reported that Citigroup executives were pleased with the performance of the Boston branches, but were less impressed with the Philadelphia experiment, according to a person familiar with the situation.

In India, Citibank has been operating since 1902. The bank is present at 28 locations as of April 13, 2009. These locations include Jalandhar, Ludhiana, Chandigarh, Noida, Delhi, Gurgaon, Faridabad, Lucknow, Jaipur, Ahmedabad, Vadodara, Indore, Bhopal, Surat, Nashik, Aurangabad, Akola, Bhubaneshwar, Kolkata, Vapi, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Pondicherry, Cochin and Coimbatore.

On September 24, 2009, The Wall Street Journal reported that Citi planned to narrow the focus of Citigroup’s U.S. branch network to just six major metropolitan areas, including New York, Washington, Miami, Chicago, San Francisco and Los Angeles, where Citi has a substantial presence but ranks no higher than No. 3 in deposits. The article also noted that Citi could abandon or scale back where it is an also-ran, including Boston, Philadelphia and parts of Texas, according to people with knowledge of the discussions.

In addition to the standard banking transactions, Citibank offers insurance, credit card and investment products. Their online services division is among the most successful in the field, claiming about 15 million users.

As a result of the Global financial crisis of 2008–2009 and huge losses in the value of its subprime mortgage assets, Citibank was rescued by the U.S. government under plans agreed for Citigroup. On November 23, 2008, in addition to initial aid of $25 billion, a further $25 billion was invested in the corporation together with guarantees for risky assets amounting to $306 billion.

Products and Services in India
The bank offers a variety of services and products under the Personal Banking, NRI Banking and Corporate Banking categories.

Personal Banking
The services offered by the bank under Personal Banking are Loans and Credit Cards, Regular Banking services such as savings account, business banking solutions including Personal Wealth Management and investment options such as Mutual Funds and Demat Services. The bank also offers various insurance solutions and hi-tech banking services such as Online Bill Pay, Pre-paid Mobile Recharge, Internet Banking and CitiAlert account statements on the mobile phone.

NRI Oriented Services
For its Non-Resident Indian (NRI) customers, Citibank provides a wide range of services including Rupee Checking Account, Money Remittance, Investment solutions and Home Loans for the NRIs.

Corporate Banking Solutions
Citibank also pays specialized attention to its corporate customers in India through its Corporate Banking services, which comprises of an array of customized banking solutions tailor-made according to the needs of its corporate customers in India. These services include Cash Management, Trade Services, Loans, Securities and Fund Services, and Investment Banking services.

Global Commercial Bank Services
Citibank also offers Global Commercial Bank services through its Commercial Relationship Banking wing and Global Subsidiaries Group. The Commercial Relationship Banking services are aimed at helping the Small and Medium Enterprises (SMEs) and Mid Market Enterprises, while the Global Subsidiaries Group provides comprehensive banking services for the top multinational corporates and their subsidiaries in India.

Citi’s Global Presence

Africa
Algeria, Angola, Cameroon, Conga, Egypt, Gabon, Ghana, Ivory Coast, Kenya, Morocco, Nigeria, Senegal, South Africa, Tanzania, Tunisia, Uganda, Zambia.

Asia Pacific
Australia, Bangladesh, Brunei, China, Guam, Hong Kong, India, Indonesia, Japan, Macau, Malaysia, Nepal, New Zealand, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam.

Central America/Caribbean
Bahamas, Barbados, Bermuda, Cayman Islands, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Panama, Puerto Rico, Trinidad & Tobago, Virgin Islands.

Europe
Austria, Belgium, Bulgaria, Channel Islands, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kazakhstan, Luxembourg, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom.

Middle East
Bahrain, Israel, Jordan, Lebanon, Oman, Pakistan, United Arab Emirates.

North America
Canada, Mexico, United States.

South America
Argentina, Aruba, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela.

Corporate Office – India

Citigroup Center,
7th Floor,
C-61, Bandra Kurla Complex,
G, Block,
Bandra(East),
Mumbai. 400 051
India

Tel: +91-22-40015757/26532325

Global Commercial Bank Locations across India

Branch/ATM Locator

http://www.citibank.co.in

The antecedents of the HSBC Group in India can be traced back to October 1853 when the Mercantile Bank of India, London and China was founded in Bombay (now Mumbai). Starting with an authorised capital of Rs 5 million, the Mercantile Bank soon opened offices in London, Madras(Chennai), Colombo and Kandy, followed by Calcutta(Kolkata), Singapore, Hong Kong, Canton(Guangchow) and Shanghai by 1855. The following hundred years were in many ways propitious for the Mercantile Bank. In 1950 it moved into its new head office building in Mumbai.at Flora Fountain.

The acquisition in 1959 by The Hongkong and Shanghai Banking Corporation Limited of the Mercantile Bank was a decisive factor in laying the foundation for today’s HSBC Group. Founded in 1865 to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the United States, HSBC has been an international bank from its earliest days.

After the Mercantile Bank was acquired by The Hongkong and Shanghai Banking Corporation, the Flora Fountain building became and remains to this day, the Head Office of the HSBC Group in India.

Through the 1990s, HSBC has vigorously developed its role as one of the leading banking and financial services organisations in the world. Its strategy of ‘managing for value’ emphasises the Group’s unique balance of business and earnings between older, mature economies and faster-growing emerging markets.

HSBC in India is proud to have retained the Group’s pioneering streak by being an active partner in the development of the Indian banking industry – even giving India its first ATM way back in 1987. The organisation’s adaptability, resilience and commitment to its customers have further enabled it to survive through turbulent times and prosper through good times over the past 150 years.

HSBC is listed on the London, New York, Hong Kong, Paris and Bermuda Stock Exchanges, and is a constituent of the FTSE 100 Index and the Hang Seng Index.

HSBC Holdings was established in 1990 and became the parent company to The Hongkong and Shanghai Banking Corporation in preparation for its purchase of Midland Bank and a change of domicile for the transfer of sovereignty of Hong Kong. Shares in HSBC Holdings, which gave HSBC a substantial presence in the UK, was completed in 1992. HSBC then moved the headquarters of HSBC Holdings from 1 Queens Road Central, Hong Kong to 10 Lower Thames Street, London in 1993.

Role in subprime crisis

In November 2002 HSBC expanded in the United States, spending £9bn (US$15.5bn) to acquire Household Finance Corporation (HFC), a US credit card issuer and subprime lender. In a 2003 cover story, The Banker noted “when banking historians look back, they may conclude that [it] was the deal of the first decade of the 21st century”. Under the new name of HSBC Finance, the division was the second largest subprime lender in the US.

The business indeed turned sour, costing HSBC some US$62bn. In March 2009, HSBC announced that it would shut down the branch network of its HSBC Finance arm in the U.S., leading to nearly 6,000 job losses, and leaving only the credit card business to continue operating.

Although it was at the centre of the subprime storm, the wider group has weathered the economic crisis better than other global banks. According to Bloomberg, “HSBC is one of world’s strongest banks by some measures.” When HM Treasury required all UK banks to increase their capital in October 2007, the group transferred £750 million to London within hours, and announced that it had just lent £4 billion to other UK banks. In March 2009, it announced that it had made US$9.3bn of profit in 2008 and announced a £12.5bn (US$17.7bn; HK$138bn) rights issue to enable it to buy other banks that were struggling to survive. However, uncertainty over the rights’ issue’s implications for institutional investors caused volatility in the Hong Kong stock market: on 9 March 2009 HSBC’s share price fell 24.14%, with 12 million shares sold in the last few seconds of trading.

Customer groups

HSBC splits its business into four distinct groups:

Personal financial services
HSBC provides more than 100 million customers worldwide with a full range of personal financial services, including current and savings accounts, mortgage loans, car financing, insurance, credit cards, loans, pensions and investments.

Commercial banking
HSBC provides financial services to small, medium-sized and middle-market enterprises. The group has almost 2.5 million of such customers, including sole proprietors, partnerships, clubs and associations, incorporated businesses and publicly quoted companies.

Global banking and markets
This customer group provides tailored financial services to corporate and institutional clients. Business lines comprise Global Banking, Global Markets, Global Asset Management, Global Research and Principal Investments.

This division was previously known as Corporate, Investment Banking and Markets.

Private banking
HSBC Private Bank is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group worldwide. HSBC Private Bank, together with HSBC Guyerzeller and the private banking activities of HSBC Trinkaus, known collectively as Group Private Banking, provides services to high net worth individuals and their families through 93 locations in some 42 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. As of December 2007, profits before tax were US$1,511 million and combined client assets under management were US$494 billion.

In September 2008, HSBC announced that it would combine its two Swiss private banks under one brand name in 2009, with HSBC Guyerzeller and HSBC Private Bank to be merged into one legal entity.

Corporate Office:

The Hongkong and Shanghai Banking Corporation Limited, India
52/60, Mahatma Gandhi Road,
Mumbai – 400 001.
India

List of Branch Offices

http://www.hsbc.co.in

The State Bank Group includes a network of eight banking subsidiaries and several non-banking subsidiaries offering merchant banking services, fund management, factoring services, primary dealership in government securities, credit cards and insurance.

The eight banking subsidiaries are:

1. State Bank of Bikaner and Jaipur (SBBJ)
2. State Bank of Hyderabad (SBH)
3. State Bank of India (SBI)
4. State Bank of Indore (SBIR)
5. State Bank of Mysore (SBM)
6. State Bank of Patiala (SBP)
7. State Bank of Saurashtra (SBS)
8. State Bank of Travancore (SBT)

The origins of State Bank of India date back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. In 1921, the Bank of Bengal and two other Presidency banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. In 1955, the controlling interest in the Imperial Bank of India was acquired by the Reserve Bank of India and the State Bank of India (SBI) came into existence by an act of Parliament as successor to the Imperial Bank of India.

Today, State Bank of India (SBI) has spread its arms around the world and has a network of branches spanning all time zones. SBI’s International Banking Group delivers the full range of cross-border finance solutions through its four wings – the Domestic division, the Foreign Offices division, the Foreign Department and the International Services division.

Head Office

State Bank Of India (SBI),
State Bank Bhavan,
Madame Cama Road,
Mumbai – 400 021.

Tel: (022) 22850935, 22020347, 22873264, 22882165

Click here for complete list of branches

http://www.sbi.co.in

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.

HDFC is India’s premier housing finance company and enjoys an impeccable track record in India as well as in international markets. Since its inception in 1977, the Corporation has maintained a consistent and healthy growth in its operations to remain the market leader in mortgages. Its outstanding loan portfolio covers well over a million dwelling units. HDFC has developed significant expertise in retail mortgage loans to different market segments and also has a large corporate client base for its housing related credit facilities. With its experience in the financial markets, a strong market reputation, large shareholder base and unique consumer franchise, HDFC was ideally positioned to promote a bank in the Indian environment.

The authorised capital of HDFC Bank is Rs550 crore (Rs5.5 billion). The paid-up capital is Rs424.6 crore (Rs.4.2 billion). The HDFC Group holds 19.4% of the bank’s equity and about 17.6% of the equity is held by the ADS Depository (in respect of the bank’s American Depository Shares (ADS) Issue). Roughly 28% of the equity is held by Foreign Institutional Investors (FIIs) and the bank has about 570,000+ shareholders. The shares are listed on the Stock Exchange, Mumbai and the National Stock Exchange. The bank’s American Depository Shares are listed on the New York Stock Exchange (NYSE) under the symbol ‘HDB’.

HDFC Bank is headquartered in Mumbai. The Bank at present has an enviable network of over 1412 branches spread over 528 cities across India. All branches are linked on an online real-time basis. Customers in over 120 locations are also serviced through Telephone Banking. The Bank’s expansion plans take into account the need to have a presence in all major industrial and commercial centres where its corporate customers are located as well as the need to build a strong retail customer base for both deposits and loan products.

The Bank also has a network of about over 2890 networked ATMs across these cities. Moreover, HDFC Bank’s ATM network can be accessed by all domestic and international Visa/MasterCard, Visa Electron/Maestro, Plus/Cirrus and American Express Credit/Charge cardholders.Head Office

Head Office

HDFC Bank Ltd
4th Floor,HDFC Bank House,
Senapati Bapat Marg,
Parel,
Mumbai – 400 013.
Maharashtra

Tel: (022) 66521000

Complete list of branches

http://www.hdfcbank.com

Allahabad Bank is the oldest public sector bank in India. It was set up in 1865 by a group of Europeans with a seed capital of Rs 2 lakhs. By the end of 19th century, the bank had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Kolkata and Delhi.

In 1920, Allahabad bank was taken over by P&O Banking Corporation and its Head Office was shifted to Kolkata in 1923 for business considerations and operational convenience. In 1927, the bank went into the fold of Chartered Bank that acquired the controlling interest in the P&O Banking Corporation.

On July 19, 1969, Allahabad Bank was nationalized along with 13 other major commercial banks. At the time of nationalisation, the Bank had a network of 151 branches, deposits of Rs.114 crores and advances of Rs.82 crores to its credit. On April 3, 1982, Allahabad Bank opened its 1000th branch.

The Bank made a foray into merchant banking activity in 1984 and subsequently transferred the merchant banking activities to All Bank Finance Limited, a wholly owned subsidiary, in 1991. In October 1989, United Industrial Bank Limited was amalgamated into Allahabad Bank.

In 1989, Allahabad Bank ventured into the credit card business by launching its credit card – the BOBCARD-Allahabad Bank, with Bank of Baroda. The Bank, in 1992-93, entered into a Memorandum of Understanding with Bank of India to launch Indiacard, replacing BOBCARD.

Allahabad Bank became the first nationalised bank in Eastern India to become a depository participant of National Securities Depository Limited (NSDL) to offer demat and related services and initiated “Flexi-fix Deposit Scheme” to mobilise resources. The Bank also introduced “Kisan Card” to facilitate agriculture related activities as well as to meet the domestic requirements of farmers.

In February, 2007, the bank started it’s first overseas business, with the commencement of a branch in Hong Kong. March, 2007 proved to be a significant benchmark for the bank, with it’s business crossing 1bn mark.

Head Office

Allahabad Bank
Head Office,
2 N.S. Road,
Kolkata – 700001.

Tel: 033-22319144
Fax: 033-22107425

Complete list of branches

http://www.allahabadbank.com

Established in 1985, The Kotak Mahindra group has long been one of India’s most reputed financial organizations. In February 2003, Kotak Mahindra Finance Ltd, the group’s flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). This approval creates banking history since Kotak Mahindra Finance Ltd. is the first company in India to convert to a bank.

Established in 1985 as Kotak Capital Management Finance promoted by Uday Kotak the company has come a long way since its entry into corporate finance. It has dabbled in leasing, auto finance, hire purchase, investment banking, consumer finance, broking etc. The company got its name Kotak Mahindra as industrialists Harish Mahindra and Anand Mahindra picked a stake in the company. Kotak Mahindra is today one of India’s leading Financial Institutions.

Head Office
Kotak Mahindra Bank Ltd
36-38A, Nariman Bhavan, 227, Nariman Point
Mumbai – 400012.
Maharashtra

Tel: (022) 66581100

Complete list of branches

http://www.kotak.com

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. The company’s UK subsidiary has established branches in Belgium and Germany.

ICICI Bank’s equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

Head Office

ICICI Bank Ltd
9th Floor, South Towers,
ICICI Towers,
Bandra Kurla Complex,
Bandra (E),
Mumbai – 400 051.

Tel: +91-22-26531414

Complete list of branches

http://www.icicibank.com

Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during the 1963-68. The credit for this merger as well as growth goes to late Shri M.Sunder Ram Shetty, who was then the Chief Executive of the bank. The bank was nationalised on 15th April 1980. The bank has built a network of 1061 branches,46 Extention Counters and 337 ATMs as at 04.10.2008, that span all 28 states and 4 union territories in the country.

Each branch provides effective and efficient services and significantly contributes to the growth of the individual, and the nation

Vijaya Bank is one among the few banks in the country to take up principal membership of VISA International and MasterCard International.

Head office:

41/2, Trinity Circle, M.G. Road,
BANGALORE – 560001

Tel: +91-80-25584066 (20 lines)

Complete list of branches

www.vijayabank.com

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI – I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The Bank was set up with a capital of Rs. 115 crore, with UTI contributing Rs. 100 crore, LIC – Rs. 7.5 crore and GIC and its four subsidiaries contributing Rs. 1.5 crore each.

The Bank today is capitalized to the extent of Rs. 358.89 crores with the public holding (other than promoters) at 57.58%.

The Bank’s Registered Office is at Ahmedabad and its Central Office is located at Mumbai. Presently, the Bank has a very wide network of more than 729 branch offices and Extension Counters. The Bank has a network of over 3082 ATMs providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country.

The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.

The Central Office
Axis Bank Limited,
131, Maker Tower – F,
Cuffe Parade,
Colaba,
Mumbai – 400 005.
Tel: (022) 6707 4407
Fax: (022) 2218 1429

Complete list of branches

http://www.axisbank.com