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Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional 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 .
The Chartered Bank of India, Australia and China—a bank incorporated in London, was founded in 1853 in London by James Wilson; following the grant of a Royal Charter from Queen Victoria. A 2008 stamp dedicated to the 150th anniversary of the Standard Chartered Bank of India. In 1858, it opened its first branches in Calcutta, Bombay and Shanghai.
In 1969, the Standard Bank merged with Chartered Bank of India, Australia and China and the combined bank became known as Standard Chartered Bank. Subsequent use of name. In South Africa, the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of The Standard Bank of South Africa Limited ...
The parent bank merged in 1969 with Chartered Bank of India, Australia and China and the combined bank became known as Standard Chartered Bank. In 1969 the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of the South African bank.
Standard Chartered plc was the first foreign company to have publicly elicited interest in making an IDR issue in India. Standard Chartered CEO Peter Sands was quoted in the Indian media as saying the "IDR listing (is) to enhance StanChart's commitment to India." In 2010, it was reported that Standard Chartered may be inching closer to an issue.
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.
Citizen Credit Co-operative Bank Ltd. Cosmos Co-operative Bank Ltd. Dombivli Nagari Sahakari Bank Ltd. Darrusalam Co-operative Bank Ltd. Goa Urban Co-operative Bank Limited. Gopinath Patil Parsik Janata Sahakari Bank Ltd. Greater Bombay Co-operative Bank Limited. Indian Mercantile Co-operative Bank Ltd.
Andhra Bank and Corporation Bank were merged into Union Bank of India. Syndicate Bank was merged into Canara Bank. Public Sector Undertakings (Banks) Nationalized Banks (Government Shareholding %, as at end-March 2023) State Bank of India (57.59%) Canara Bank (62.93%) Bank of Baroda (63.97%) Punjab National Bank (73.15%) Indian Bank (79.86% ...