of India and operate through branch or subsidiary in India.
Foreign Bank in India can classified in four
different phases:-
Foreign bank in India(1786-1935)
Foreign bank in India(1935-1969) Foreign bank inIndia(1969-1991) Foreign bank in India(1991onwards) CURRENT SCENARIO
As of November 2018, India has 45 foreign banks
with total 286 branches operating in India. There are 40 foreign banks with representative offices in India.
There are total 1149 ATMs(295 on-site ATMs &
854 off-site ATMs)[as of end December 2014] PERFORMANCE ANALYSIS CITI BANK FIGURES IN MILLION CONTINUE… HSBC FIGURES IN MILLION CONTINUE… SCB FIGURES IN MILLION STATISTICAL ANALYSIS FIGURES IN MILLION
CITI HSBC SCB
PRODUCT & SERVICES Super Parivaar Employee 3 in 1 2 in 1 Basic SCB Value Account Banking Account Account Banking Account Account Account Monthly >=50,000 25,000 Not 25,000 >=50,000 Not Required Avg. Required Balance Cheque Available Available Available Available Available N/A Book Debit Available Available Available Available Available Available Card (Platinum/ (Platinum) ShopSmart) Internet Available Available Available Available N/A Available Banking Phone Available Available Available Available Available Available Banking Locker N/A N/A N/A 25% 25% (for N/A Charge Maintaining Discount Avg. 50,000 quarterly) DSB Available N/A Available N/A N/A Available Basic Savings Bank Basic Savings Bank HSBC Deposit Account Deposit (BSBD) Small (BSBDA) Accounts
Maintain an Average Quarterly 1,50,000 25,000
Balance
Maintain an Average Quarterly 10, 000 10, 000
Balance(Senior Citizens)
Cheque Book Available N/A
Online Banking Available N/A
Phone Banking Available N/A
Debit Card Available Available
NEFT Available N/A
RTGS Available N/A
Citi Savings Suvidha Senior Junior Basic Savings CITI Priority Accountfor Salary Account Account Bank Deposit Account Expatriates Account Account and BANK Small Accounts Cheque Book Available Available Available N/A Available
Debit Card Available Available Available Available Available Available
Online Banking Available Available Available Available N/A N/A
Mobile Banking Available Available Available Available N/A N/A
Tablet Banking Available Available N/A N/A N/A N/A
Accident Insurance Up to 50 N/A N/A Available N/A Up to 1 lakh
Policy lakhs
NEFT Available Available Available Available Available N/A
RTGS Available Available Available Available Available N/A