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Standard Chartered Review

The label for this bank was derived from two different origins standard bank from British South Africa was merged into chartered bank in India, china and Australia in 1969 ande formed as a Standard & Chartered.

In India standard chartered bank is largest bank in international banking sector .the annual balance sheet for this bank in India for the year 2001 march,31is about Rs 51509 cr and holding a combined customer base of about 2.4 million form retail sector and over 1200 from corporate customers
The major share and business for Standard Chartered Bank in India is wealth management and wholesale banking, consumer banking primarily credit cards, personal loans, and mortgages. This bank has got good reputation for few services such as provision of cash management, custody services, treasury, trade, finance.

standard chartered bank has created a history in India by issuing global credit card for the first time in India along with photo card .It even meet the Indian standards for this program and received ISO 9002 certification for this photo card and credit card.

There are few other products that are launched by the standard chartered bank, which have been very famous and innovative in banking industry. 'Sapnay' credit card and debit card which can be accessed in over 1500 visa tam’s .smart credit and overdraft facility for the security and personal loans for the salaried based customers.

In the recent past Standard Chartered Bank acquired Grind lays Bank which belons to ANZ GROUP for about 1.34billion $.this was later on named as Standard Chartered Grind lays Bank and similarly there was other bank which was in credit of scab is Chase Consumer Bank at hong Kong for a .02 billion $ less than the Grind lays Bank.

These are the few varieties of the credit card which are hold by the Standard Chartered Bank:
Standard Chartered Bank Diva, classic, cricket, executive, gold, sapnay and Standard Chartered Grindlays Star TV, Standard Chartered Grindlays Classic Standard Chartered Grindlays Gold. Fro these credit card subs provides little insurance like No Charge Purchase Protection Cover, Add-On Card Cover, Air accident Cover, No Cover Baggage Cover, General Accident Cover, and Credit Shield on death.

Branches for Standard Chartered Bank in India are at Chennai, Guwahati, Ahmedabad, Kanpur, Amritsar, Coimbatore, Kolkata, Bangalore, Ernakulam, Delhi, Noida, Hyderabad, Mumbai, Gurgaon, and Pune.

Standard Chartered Website
www.standardchartered.com
www.standardchartered.co.in