The Chartered Bank opened its first overseas branch in India, at Kolkata, on 12 April 1858. Eight years later the Kolkata agent described the Bank's credit locally as splendid and its business as flourishing, particularly the substantial turnover in rice bills with the leading Arab firms. When The Chartered Bank first established itself in India, Kolkata was the most important commercial city, and was the centre of the jute and indigo trades. With the growth of the cotton trade and the opening of the Suez Canal in 1869, Bombay took over from Kolkata as India's main trade centre. Today the Bank's branches and sub-branches in India are directed and administered from Mumbai (Bombay) with Kolkata remaining an important trading and banking centre.
Standard Chartered Bank is India's largest international bank with 78 branches in 30 cities. The Bank provides Consumer Banking services to individuals and small to medium size businesses and offers Wholesale Banking capabilities to corporate and institutional clients. The Bank is part of the Standard Chartered Group, which employs 33,000 people in over 550 locations serving 56 countries and territories across the Asia Pacific region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world's most international banks with employees representing 80 nationalities. The Bank is trusted across its network for its standards of governance and its commitment to making a difference in the communities in which it operates.