Standard Chartered

Tagline: Here For Good

About the Company:
Standard Chartered PLC is a British multinational banking group
headquartered in London that operates in more than 70 countries.
Standard Chartered India :- It has been present since 1858 in India with the
first branch in Kolkata and is currently India's largest international bank
with 99 branches in 42 cities. It offers a range of personal banking products
and services like credit cards, mortgages, loans, wealth management
products and business finance solutions for Small and Medium Enterprises.

Products:

Breeze Mobile web, Super Value Titanium Card, Manhattan

Platinum Card, Platinum Rewards Card, Inner Circle
Platinum Card.

Business Verticals

Personal

Chairman

Sir John Peace

CEO

Bill Winters

No. of Employees

87,000

Revenue:
Net Income

$17 Billion
$2.705 Billion

Various services offered under this vertical are term and saving deposits, credit cards, personal & home loans,
mutual funds, fixed income funds, insurances like life, home business etc.
Savings accounts: SuperValue Account, Parivaar Account, Employee Banking Account, 3-in-1 account. Current
accounts: Business Plus Account and Enhanced Business Plus Account.
They also offer term deposit services, Employee Account and various debit cards.
The loan portfolio includes Personal Loans, Home Loans, Mortgages and Loan against Property.
Investment solutions: Equity investment services such as Equity Mutual Funds, Balanced Funds, Tax Saving
Funds, Equity PMS; Fixed Income Solutions such as Short/Long Dated Securities and Fixed Income Funds;
Liquidity Solutions such as Liquid Mutual Funds, Fixed Deposits and Loans against Securities; Other solutions
such as Structured Notes, PE Funds and Real Estate Funds.
Foreign Exchange Services: Remittances, Foreign Currency Cheques, Hedging Instruments etc
Insurance services: life insurance, term insurance, pension plans, child solutions, wealth solutions, home
solutions, health insurance, Commercial offerings such as employee insurance, insurance against fire or burglary
etc.

Standard Chartered provides banking, investment and various other financial services to its high-net-worth
individuals via the Wealth Management Group. It connects them to one of the world's most dynamic markets Asia, Africa and the Middle East. For this it employs a private banker, supported by a talent advisory team and a
network of global banking expertise.
Private It provides portfolio solutions which suggests best-in-class funds to choose from to meet the investment
(Wealth objectives. It offers Signature Portfolios which consist of securities and mutual funds and Wrap Portfolios under
Manageme which a client has the option of buying and selling funds from a selection as often as they want, without incurring
nt Group) a switching fee each time.
It also offers a range of trust and fiduciary services, insurance and philanthropy solutions such as private
investment companies, full & charitable trusts, corporate sustainability, life insurace referals, insurance premium
financing,
Priority
Banking

It is a distinctive and personalised relationship service, serving in 31 markets across Asia, Middle East and Africa.
It employs Holistic needs-based approach, Total relationship recognition & International Banking services for this
purpose

Under this the bank provides various services such as NRE, NRO accounts, Remittances facilities, loans,
NRI Services
mortgages, foreign exchange services, investement and insurance solutions

Business

The business vertical provides SME banking in India and services like Transaction Banking, Corporate Finance,
Renminbi Services, Islamic Banking etc worldwide. In SME services, they provide Trade & Working Capital loans,
Business Expansion Loans and cross border solutions

Relevant News:
1. Standard Chartered Bank has partnered with the UK government to create the "Standard Chartered - Chevening
Financial Services Leadership Programme for India" that will award scholarships to high flying Indian
professionals, seeking to support Modi's Skill India Initiative
2. Standard Chartered Bank global CEO Bill Winters warned errant Indian companies that the bank would get
'very aggressive' if they did not cooperate with it
3.However, bulk of StanCharts India business unaffected by bad loans, says group CEO William Winters
4. Standard Chartered Plc said it has raised Rs 14 crore by selling rights issue entitlements of IDR holders and the
amount due will be sent to them by December 23
5. Standard Chartered has reopened a desk dedicated to cater to banking requirements of Japanese companies in
Chennai

Sponsorship/CSR Activities
Some of its sponsorships are :The Standard Chartered Mumbai Marathon Asia Cup - official partner of the bi-annual cricket tournament
The Economic Times Awards for Corporate Excellence - title sponsor from 2012 to 2016
Liverpool Football Club - our four year sponsorship started in June 2012.
CSR Activities:It is committed to promoting positive social and economic development in the countries where it operates. The
activites also include contributing to sustainale economic growth, being a responsible company and investing in
commmunities

Key Questions

1. How are BASEL III norms going to effect the Indian international banks in general and Standard Chartered in Particular?
2. With the licensing of payment banks, a lot of Indian banks are partnering up with telecom companies to provide services in
this area. What are your plans regarding that?
3.One of the banes of Indian Banking Sector has been the NPAs and bad debts. How do you tackle that?
4. Indian Govt has cracked down on black money by greater regulation of cash transactions. Globally too, there has been an
effort to combat the challenges of tax havens. How will it affect the banking industry in long run?
5. Regarding wealth management what kind of advantages private banking typically holds against specialised financial
advisory firms in equity, debt etc.?
6. With most PSBs (except SBI) struggling with bad loans, market share has started shifting both in deposits as well as credit to
private sector. Do you see any turnaround happening or this is simply a downward spiral which will end with PSBs abject
surrendering?